RE:RE:RE:what???Sacks7 wrote: Plausible but what's the rush but 10 million at close. The stock is taking over 1 million shares per day lately so they coulda done it in 10 days or less. The rush tells me that there is a big chance something will be announced Monday. Of course only time will tell as I learned quickly the last few years.
They have been doing it over the last while since it was announced - hence the bounce and volume right after the announcement
well Sacks, if you are right it's something not good that is going to be announced on monday. seriously, give you head a shake. oh wait, it's something good and only the buyer knew - not the existing holder of 10m shares and that's why the price went down. jfc.
it's the GDXJ - and it allowed a big holder or three to exit.
and btw, 1M shares in volume a day means NOTHING. algorithm trading all day long. most of the volume is a wash with market makers trading for pennies back and forth all day long - and taking home no more shares at the end of the day then they started with.
tC