RE:RE:RE:RE:RE:RE:RE:RE:RE:NFGC premarketThanks Braindead,
We have all tried to close a trade in the last minutes of the day. It may have taken all day (and you've got approx. your bid) - but you want closure, so you take the ask for the few remaining at EOD...no problem. But 40K in the dying minutes...? That's a serious chunk of change (in my books anyway). Hard to think that someone would not have set a limit. So you got to figure that either they wanted to...or they had to. I would tend go with the latter.
Maybe the call at the time (maybe Ike?) - that of someone not wanting to have a short sitting out there overnight was correct (clear the decks!). Still - very curious. Your take is as valid as mine.
el d
braindeadoldguy wrote: Dan, I just don't know. That was one of the strangest trades I have ever seen. Did someone want in that bad that that was the best price they could pay to take out the asks up to $ 8.30. I have not seen the level 3 brockerage firms handling that transaction.
Ah heck, maybe I should just let it go as an anomoly? Eldrico, chime in, will you please? I know you have a theory up there in that good brain of yours, lol.
Cheers