Why is no one discussing the 22 Million share trade ($480M) at close (4 pm) Friday which looks like a sell? GME’s atm offering is less than that so unlikely to have anything to do with the offering unless it was a combination of “market on close” orders from more than one source. Those orders “must” be filled at closing price, so some whale might’ve been buying 22M shares throughout the day to get the GME memers excited and helping to pump the price, only to sell all those shares at a higher price at close. If it was a whale, seems he’s figured out the psychology of the meme craze and just capitalizing on it. Just sayin’ Btw: MMs are the ones forced to buy those orders and will start selling the shares Monday.
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