GH - Wacky trading at the Open...............Seems someone operating through TD Securities sold 15-17k shares at $9.55 just after the market opened.
Timing of their sale is odd. Why take a -9% hit on your holdings just after a dividend increase?
My guess is that the individual made the mistake of not using a "limit" order, and instead they sold 17k shares "at market"
Looks like a $17k error, plus dividends.
Sure Q3 wasn't spectacular, but Q4 should be strong and shareholders will receive their shiny new, sustainable, dividend.
Maybe they wanted to drop some humble pie in Kasking's coffee........................
Dunno, but it looks like that mental slip cost them $17k.
That's ten entries into a WSOP No-limit holdem Main Event.
Free coffee there too.
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Reminds me of the good ol days................
https://en.wikipedia.org/wiki/2010_flash_crash