Post by
GivexFan on Dec 18, 2023 7:01pm
$1.5 million in shares traded today
Never seen that before. Wonder what's going on. Someon wanted out, Marc L.'s fund? And someone wanted in. A mystery so far.
Comment by
Robsopinion on Dec 19, 2023 10:23am
And to have volume like that trade, yet the unit price stays stable? almost unheard of.
Comment by
GivexFan on Dec 20, 2023 10:16pm
What they call a 'block trade.' Where two parties come together, perhaps through some intermediary, to trade a large 'block' of shares without the share price swinging wildly were only one to either buy or sell that amount on his or her own.
Comment by
Robsopinion on Dec 21, 2023 11:43am
A block trade of roughly 2% of the companies value, and neither the buyer nor the seller are considdered insiders (10% ownership) very unusual indeed.
Comment by
Robsopinion on Dec 25, 2023 1:19pm
ok, we can now see where those shares went, still no idea who was behind the selling though.