GREY:AVGCF - Post by User
Comment by
JonEcashon Jun 10, 2010 1:29am
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Post# 17175687
RE: RE: aman
RE: RE: amanAman, that big sale that dropped the price from 52 to 50 was done by house 73. My guess was it was done in order to do some crosses at 50 since house 73 and house 33 each picked up 500K at that price. That triggered an automatic stop loss to drop the price to 49.5 but only 2K shares traded at that level.....
As for the option discussion, make sure you guys are clear on what type of options you are talking about. There is a difference between CALL/PUT options (non dilutive) and EMPLOYEE STOCK options (dilutive).
J$