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Posted On: 10/12/2020 11:13:01 AM
Post# of 86213
Re: mikeyt1818 #33144
mikey- That is true statement. But this morning action was a result of someone wanted to get out or trim his position due to his/her large position in UNVC. If someone has 15 mil shares, may be he just wanted to sell 1 Mil shares to reduce his risk. It is called hedging your portfolio in case of bad news. But he still has 14 Mil shares if news is good.
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