Post by
shawk on Mar 20, 2015 5:15pm
Wow!
Anonymous came in after the close and bought up every available share at 1.07 for a total after hours purchase of 1,488,903.
It wasn't done in block trades either it was dozens of different trades from a variety of brokers.
Talk about clearing out the overhang! Wow!
Whats Up?
Comment by
shawk on Mar 20, 2015 9:25pm
Could of been the closing out of a short position as 1,500,00 shares is very close to the existing short position in LSG.
Comment by
BrahmaViddo on Mar 21, 2015 11:15am
Do some research on "quarterly index rebalancing" and you'll see why the volume was higher (esp after the close)
Comment by
bigdaddycash on Mar 20, 2015 5:24pm
Yes, nice price action at close. I had a few shares I picked up last week (when the price sagged) for sale on a day order ask of 1.06 (daily high when I put the order in early in the afternoon) but they were taken out at closr for 1.07! Nice getting more than the ask! Still very overweight LSG and holding. gltals...