Post by
colourama on Aug 25, 2023 7:08pm
Strange volume
Once again, nearly all 600K volume today was TD securities buying from Anonymous. This buying/selling between them has been ongoing for nearly two months and accounts for nearly all the volume. No idea what to make of this, but strange!
Comment by
profitprophet1 on Aug 25, 2023 8:33pm
I sorta wonder if this is selling by a fund to another fund within the same company. By selling they get a tax loss, but if they are still bullish on the company they still get the upside. The same sorta thing has been going on with Quisitive the last week or two. Huge volume (relatively) on 4 or 5 massive, obviously pre-arranged transactions.
Comment by
CauseWhyNot on Aug 25, 2023 10:53pm
I believe an institution had 2 million shares.. they were down to 700-800k a few weeks ago. I suspect all the selling was them. I'd be shocked if there was still more... someone was on the bid today
Comment by
Bigmac4000 on Aug 25, 2023 8:58pm
So this started right around the time the July 04 deal was announced?