I asked what that tells us with respect to the 6.2 million trades in DJT whithin 90 minutes, and I still wonder what that means. Some algotrading going on but to what purpose? How was it programmed, with what parameters? IDK. Note to self: Worth keeping in the back of my mind.
Now concerning what does it mean that newsmax went up 2500% and down again in three days tells me that I am living in a time where this is possible. Potilical orientation can move markets easier than before and fraudsters are able to take advantage of it. That was not so blatant not such a long time ago. It feels like bad news to me.
A technical question:
When I quoted
that means the company notified the intention, and now will proceed to do it, ie sell the shares. They don’t need approval. It is not like a M&A procedure when a monopoly or market dominant possition would be investigated? They are not talking of selling in bulk to a state held fund from, IDK, Catar or Saudi Arabia or something?
Would a sale in bulk to one single buyer require approval from the SEC?