Hey Options Trader-
There were THREE very open trades in after hours yesterday totaling 5 million shares at I think 37.07. Can you show us exactly how "a fund manipulated the share price to buy 5 million shares".
- There were other trades in after hours last night and the 5 million shares were traded within 10 cents of the other after hours trades that took place before and after.
during the regular trading day they will sell 100 blocks and do it multiple times to cause the price to go down and then create a panic sell and in the mean time they are buying all the large blocks that are going through. That is how they manipulate the price. That is how they got their big players shares at or below the sale price of I believe 37.09. That was the agreed upon price so they made the difference between what they bought it for and that 37.09 price. With low volume they were able to do this. jmho