RE: Trades23 Jul 2019 21:18
All guessing Bob. I don't have time to do more than guess. I'd go for there being around 2 million left on the MM's books. Sounds a lot? Not really. Last time I checked there were 4-5 companies making a book in Feedback. Evenly spread, it would mean around 500k shares for each MM. That can easily go.
Do I think there are more shares to be sold? No. You know who I suspect is behind this and he likes to sell in round numbers until his last trade. Today's trade ended in '548' from memory. I reckon he's done for the time being.
No idea if these shares were 'borrowed' or not but if they were it would explain the lack of holdings RNS whilst accumulation was underway. Personally, I hope they were borrowed because there's a strong likelihood of him making a loss when he is required to hand them back.
Can't think of more to say right now. Hope it helps.