GREY:CHALF - Post by User
Post by
jutah70on Jun 07, 2016 7:35pm
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Post# 24944038
Intermission
IntermissionWell, taking some time out from reading the "I know you are but what am I" rubbsih. Seems the star chamber trading is not understood by all. What I mean by that is in relation to ANON (dun-dun-dun-dunnnnnn . . . ).
Didn't spend a lot of time searching for this defiinition, but you are welcome to read it to get some reference -
https://www.investopedia.com/terms/a/anonymoustrading.asp
It seems that a lot of people think the buying and mostly selling done under the ANON listing is purely the holders of cheap issued shares. The reason I am posting this is because some people think that money managers, high net worth, etc. types are not involved in this stock. Those very types are the ones who are able to use the veil of ANON. I won't describe the strategies and reasons why it exists or is permitted. I am hoping that most of you can find the reasons or already know them.
So for anyone to want to keep track and tally of what has been sold will only get a ballpark idea. You just don't know who it is or how much they have (the whole point why they do it). I can understand why there is the desire to know what has transpired, but the totals won't tell you the whole story. You just may get an idea or approximation. And then there is the added layer of the short side.
At some point the tide will turn. But those who play under ANON can influence this stock price more than the fundamentals. Not forever, it will just seem like it.