RE: Government support9 Jan 2020 09:59
@cherokee101, "For everyone asking about the price stability at the offer price. That's how every bid situation works! The market matches the valuation of the offer because otherwise arbitrage would take place.
This will likely be the work of Quant and hedge funds (80% of all market trades are now quants).
So until new news comes along this will be the price."
Quants are just an algorithm to maximise profits, who is ending up with all the shares. Are AAL buying?