Comment by
Franklin80 on Jul 22, 2022 4:18pm
so, Morgan Stanley sold their 11M shares which it bought at $2.13. Does it means MS doesn't look positive at future of ATH ? GLTA
Comment by
MLEWICKIMBA on Jul 22, 2022 4:20pm
Maybe they had more than 11M Shares....
Comment by
ComradeKomissar on Jul 22, 2022 5:01pm
Second time this month. Nobody wants to be caught owning shares pre-earnings. Oil is trading like biotech. Usually everyone dumps 1 week pre-earnings. Wouldn't be surprised if this was Nuttall.
Comment by
MLEWICKIMBA on Jul 22, 2022 5:21pm
Yes but there was a buyer -- so who is on that side of the trade? It could be a good thing. What about the warrants? Any thoughts on that?
Comment by
ComradeKomissar on Jul 22, 2022 8:26pm
Certainly there are enough warrants to issue shares which then get immediately shorted. That's the only other explanation.