UBS is just running algo's turning the stock over, making a clip on each transaction. Think of them as a car dealer, who's holding an inventory of cars, flipping the cars for a small profit. The more they flip, the more they make. same thing for ubs with neu stock as the inventory. I think neu is well suited to this type of operation by neu as the buy/sell queues are not very deep and it is very easy for someone with deep pockets like ubs to push the stock around. aimo
NEU Price at posting:
$11.57 Sentiment: Hold Disclosure: Held
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