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Intel Corporation Message Board

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  • alexander.dumbass alexander.dumbass Jan 27, 2013 1:20 PM Flag

    66 million shares traded at 20.96

    If you look at the NASDAQ afterhours trading log for INTC on the nasdaqDOTcom site, there was a flurry of activity at that price about 16:37.

    There were several several 2m share trades and there were several marked as CANCELLED. There were none on the after hours log for 66m shares so that is likely a market maker settling trade to clear their books for the day.

    I have never seen a cancelled trade likt that but the volume did pop from 30m to 100m at the end of the day. Intel can buy 25% of the volume and there is a 1 block trade exception on the buyback. My first thought is the Intel buyer taking a 66m block.

 
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