RE: RE: RE: Adding to positions On the other side of the trade it's been obvious that there were plenty of entities reducing their position. GMP spent the last 3 weeks selling into any kind of rally. They crossed out some blocks yesterday so I would say they are done. They could have easily blocked the late day rally if they had anything left.
On Thursday there wasn't one block trade in over a million shares traded. Seems the buyers were waiting for the final Qtr end beat down before jumping in.
Will be interested to know if any shorts covered yesterday. I would think yes but will have to wait for next Wed to find out. Would expect around 250-300K.
Wes