As far as this blocks it could be anything.
Crossing stock maybe?
How about a short flip.
somebody short about 127,300 moved the short from one account to
another. Compliance maybe on the tail of a trader or someone and
so he had to move it to another firm and paid the a 1/32 for the
transaction. But who needs to move 127,300 shares in two different
accounts. Nine blocks. 3 x 10,000, 2 x 25,000, 1 x 24,300 and 1 x
103,000 and 2 x 50,000. the 24,300 and 103,000 were the flip. It
looks like he found a home for 127,300 shares short but needs to
find 52,700 shares to cover cause no home. Maybe. Maybe that is
why there are strong bids popping up from time to time.
This is speculation on my behalf. burn him for the 52,700 jump his
bids. dont buy at the offer you might get shorted. buyers should
buy intelligently and out bid him. |
