/biz/ - Business & Finance

>>	Anonymous Wed Feb 10 17:33:43 2021 No.28340020 [View] File: 341 KB, 1080x2400, Screenshot_20210210-171744_Robinhood.jpg [View same] [iqdb] [saucenao] [google] >>28339945 He should have bought CLF lol https://stocktwits.com/symbol/CLF

Anonymous Wed Feb 10 17:18:05 2021 No.28338609 [View]
File: 341 KB, 1080x2400, Screenshot_20210210-171744_Robinhood.jpg [View same] [iqdb] [saucenao] [google]

>$CLF
>tl;dr BofA is buying 69m shares of $CLF

BofA Securities is acting as underwriter for the Offering and may offer the Common Shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at prevailing market prices, at prices related to prevailing market prices or at negotiated prices.

These large prints you see at end of day are multi party cross trades executed by BofA as part of the offering. Very good sign that there is strong demand at these levels and the overhang of the 60-69M new share supply is being absorbed quickly. All good.

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/biz/ - Business & Finance

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