Post by
liteweightbaby on Jan 14, 2011 1:15pm
Who's Been Selling
I've been watching this stock for 2 months now, and there seems to be a large shareholder that has been selling their shares for the past 2 months. I thought it was just tax loss selling, and would subdue in the New Year, but it has continued, and this shareholder seems to have a very large amount of shares. On my Level 2, the broker comes up as Anonymous, Broker ID:1. On Bloomberg under major sh’s, it shows the largest sh is Abby with just over 5 million shares. Since I’ve been watching it, I have to estimate that at least 20 million shares have been dumped by this one broker. Anyone have insights into the holder of these shares/amount of shares that they own?