RE: Market Cross?RJ,
A crossed market is different than a share cross, I think Katusa was referring to taking out the overhang of Hazy's shares. Katusa is probably expecting a share block sale from Hazy, and a matching purchase from a supporter Sprott, Haywood, Goldman etc. If you see a very large single trade in a stock, it was likely a pre-arranged cross trade that they are just reporting to the exchange. Personally I think Hazy has already been taken out.
IMO Hazy blew out his shares on the day he was fired because: A) 90% of the sell volume came from a single US broker on that day, B) Due to his big ego, he thought his departure would negatively affect the stock, however it opened higher with strong volume until the single indiscriminant seller emerged, we gapped up the next day when the seller was gone. Also the high volume seems to lend credence to this.
Regardless, we had one panicking seller and several good sized buyers after the news which is a good sign going forward. Also of note, Sprott is back buying again today after having been selling left right and center prior to the SJT news.