"Perhaps is a sign that much of the trading is... "simple traders" coming in buying heads, who don't know much about options or perhaps even their existance. People who don't know as much about stocks, which is not a great sign I guess, because they're usually the last to get in."
Do "simple traders" buy 2,612,755 shares at a premium of 8.8c "don't know much about stocks"?
10:53am 2,612,755 @ 8.8c (a single buy)
With more similar examples at 9.3, 9.4 and 9.5.
"simple traders"? I don't think so at all.
Just a little taste of things to come IMO.
"Perhaps is a sign that much of the trading is... "simple...
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