Post by
TJMichael31 on Aug 11, 2019 2:24pm
Drop Due to Algorithmic Trading by ETF
Loss is due to algorithmic trading by an ETF. This is the second time this has happend. On April 9, 2019, stock dropped 16% in the last few minutes of trading by same ETF. Supreme will be contacting regulators. There are regs in place to address trading issues.
Comment by
RealistGhost21 on Aug 11, 2019 3:11pm
How do you know Supreme will be contacting regulators? Please provide the source. There is nothing illegal to exercice those warrants at $0.50.
Comment by
Mrderalick on Aug 11, 2019 4:15pm
I also think it was the same on Feb 08. It was a MOC and I seem to remember ETF rebalance