03-09-2013, 07:12 AM
'Palm' pid='18525' datel Wrote:Seems like we've had this before. In the last hour there have been some huge blocks of shares (2 at just over 200k and 2 at just over 70k) traded which took our volume from the mid-600k level to well over 1 million. PPS went up some but just .40 - .50. Can someone much smarter than I explain what this appears to be. Like I say, seems like someone explained it once before as maybe option activity or something. And now (at 3:05 on CNBC it shows volume back just under a million shares.
It has to be a Dark Pool to trade that kind of volume and not impact the share price.