(Total Views: 607)
Posted On: 08/25/2025 10:44:27 AM
Post# of 262
I took a look at volume this month. It has been a little over 2 million shares on most days. Under 1 million once or twice per week.
2 million share is only $600,000 for the whole day. 500k blocks are only $150,000. I don't see those figures requiring whales as buyers.
I'm not quite sure how the market makers work, but if someone was trying to keep the market smooth while Fife was selling, perhaps they would aggregate dozens of small orders and then make the block trade?
We do often see the Fife sales occurring at a time of news or perceived activity in the CYDY market. That seems to stimulate rumors on the boards and retail buying.
Bottom line....I don't know, but I'm just not going to read something in to a handful of trades worth $150,000.
I guess what we do know is that no one has crossed the 5% barrier. I don't remember if Welch is sitting just above or just below. 5% of 1.2 billion would be 60 million shares (about $18 million).
2 million share is only $600,000 for the whole day. 500k blocks are only $150,000. I don't see those figures requiring whales as buyers.
I'm not quite sure how the market makers work, but if someone was trying to keep the market smooth while Fife was selling, perhaps they would aggregate dozens of small orders and then make the block trade?
We do often see the Fife sales occurring at a time of news or perceived activity in the CYDY market. That seems to stimulate rumors on the boards and retail buying.
Bottom line....I don't know, but I'm just not going to read something in to a handful of trades worth $150,000.
I guess what we do know is that no one has crossed the 5% barrier. I don't remember if Welch is sitting just above or just below. 5% of 1.2 billion would be 60 million shares (about $18 million).
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