Exactly,
Quite obvious what they did imo
First News after stock release, sell into the news spike....boom!
VWAP was .23 for alot of the day.
I've seen them do it time and time again,
the last one CIO for 1 pip ( 3% ) , dumped.
I heard a saying the other day that they are not in it to be Investors,
They take their gains and move to the next.
Very few these days would hold any amount,
and even then it would be after offloading enough at higher levels
to be ahead / free carry anyway.
They make sure they are paid first,
always.
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