GREY:ROAOF - Post by User
Comment by
buckadayon Mar 25, 2009 4:43pm
452 Views
Post# 15870692
RE: 500,000 share bids in the afternoon...
RE: 500,000 share bids in the afternoon...:...good to see those four 500k share bids weren't pulled before being executed...people buy blocks like that for a reason.
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Banks and other institutional holders buy big blocks like that to cover and close out their short positions.
This is a dead duck IMO.