someone sold 500k to get the hell out.. its funny how those large blocks are always on th sell side.. you never hear someone bought 500k and the stock jumped
you know why?
because someone can buy 500k and the stocks does nothing.. it is absorbed.. meaning.. there was someone there to sell it.. providing little movement or price wing upward. on the sell side. not a lot of people want to buy it. thereby creating a vacuum to the down side..