GREY:IMVIF - Post by User
Comment by
NSFISHERon Jun 07, 2018 8:56am
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Post# 28138131
RE:RE:RE:RE:RE:Insiders Buying
RE:RE:RE:RE:RE:Insiders BuyingCould be:
a brokerage received an order for 40,000 shares. Instead of putting in the order in at once, they accumulate the shares over a day or several days. Once they have accumulated the shares in the open market, they cross the shares to the purchaser who requested them
a brokerage has someone who wishes to sell a block of 40,000 shares. The brokerage agrees to buy them all at a pre-determined price.
am sure there are other situations, but basically, the brokerage is acting on both sides of a transaction at a agreed upon price.
this is my understanding of things anyway...