GreenhavenJust before close (between 3:55pm and 4:00PM) a sell...

Greenhaven

Just before close (between 3:55pm and 4:00PM) a sell order ON market for 1.9 million shares @ 0.820 hit my screen.

From memory there were 2 sell orders in line above this entry.

1 x 60,000
1 x 10,000

The 1.9 million sat there until approx 4:12 and then got pulled.

IMO...it was placed there just before the market closed in order to prevent a possible rise in SP and force selling at a lower price prior to closing...but why such a LARGE volume?...we can only speculate

One would think if someone was in a position to off load 1.9 million shares (approx 50% of the volume traded for the day) they wouldn't show their hand ON market...I would have thought, and I've seen it before...cross trades of this volume transacting after 4:00PM...someone was capping this...all IMO