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Posted On: 09/17/2021 12:14:12 PM
Post# of 153390
My guess is that a lot of the VWAP trades were Fife - he agrees to sell so many at VWAP, and traders sell in their own accounts during the day hoping to make a profit vs. their VWAP deal with Fife at days end.
On days when Fife is selling a bunch, the stock is more likely to decline.
On days when Fife is selling a bunch, the stock is more likely to decline.


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