Again I observed some large block purchases mid day today. Trades looked like they were in the neighborhood of around 600,000+ shares or more that occured within a minute or so. I find this interesting and I hope that some one will comment. Today's volume was over 1.5 million shares. I am beginning to believe that I am not seeing the entire picture regarding this stock based upon the trading activity. Stock traded up slightly in a very negative market. Thank you in advance for any intelligent insight.
Apparently those large purchases on Friday September 30 were not additional insider buys since I believe that insiders must report within 3 business days of any activity. Nevertheless, someone/entity had a thirst for some 600,000+ shares in rapid succession at the ask price. I sure would like to understand more about what is happening. Any insight would, as always, be appreciated.