3 M shares came in during 1 trade minute off the AM lows at 11:01 AM. Probably a single purchase. Closed out all the buying under 16. 100 K other shares traded throughout the day. If purchase held all....up at least 1.1 M for the day. It's positive for the stock....until they decide to sell.....LOL!!!!
It's actually more positive in that they took out a lot of "selling pressure" in the stock. Must have been a "agreement" sale traded "off the board" activated by investment banks....or such. Sometimes these large "agreement purchases' volume are not posted until the close.