90% of today's volume has come from three sales: two for 25,000 shares and one for 12.000. Yesterday there was a 50,000 sale at the end of the day.All of this is unusual and suggests something major might be going on.Any ideas?
It could just be an insider or other large position deciding to divest. With the volume being so low any large buys or sells and the price gets whacked around.Perhaps a small fund decided to drop it's position in ISRG and hence the drop. Just some guesses. I can't imagine trying to trade this stock. The spread and low volume would kill you.M
I don't think these are "real" trades, there's no significant change in price associated with these big blocks. These look "prearranged" to me. Draw your own conclusions.BB