Someone bought 500,000 shares of VHC at 4:38 PM
Post# of 38
Someone bought 500,000 shares of VHC at 4:38 PM (after-hours ) yesterday…..a mere 15 ½ million bucks…..this could get real interesting if the unhinged shorts start getting squeezed….we can only HOPE ! But it is HOPE and NO Guarantee of the future….Proceed at YOUR own risk/reward appetite.
500,000 share trade at $31.0493 posted at 16:48
That was a legit institutional buy
By nicklaus999 .
It explains the reversal. The shorts are in so much trouble. That was without a doubt a long purchase and I am very confident it was a new position being initiated. My guess is they are probably not done. Where there is one institution there are surely more to follow. My advice, get long NOW. I'd be buying big in after hrs. Institutional money that was sitting on the sidelines waiting for the verdict is starting to buy and that means HUGE trouble for shorts. This is so funny. Options will probably rocket too.
· By nicklaus999 . .
The other thing of note is this. Whatever mm had the order he could have put it up right after the close, but he didn't. He waited almost an hour to print the trade. He printed it out at essentially 4:50 pm est. No reason to do that. My guess is he has been working with the shorts and wanted to wait till most of the pros went home before he put up the trade because he knew that was a huge buy order from a fund. If that was a typical institutional print in a standard large cap stock that trade would have been printed between 4pm and 4:15 pm est. He printed it late because he wanted to hide it. Either he or his associates/bigger clients (hedgies) are short. This is the reason the stock didn't close sub 30 today. We found a real buyer finally and I'm sure he'll be back or his friends will be here shortly.
GO VHC !
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