Wow, yeah. Almost 6K. It's someone with a huge short position. It's a beautiful trade. Even on the downside, if it does drop, their short position makes money, but they lose money dollar for dollar on the drop so it's a wash. BUT... when the stock finally does bottom, they can cover their short, and they still have those $5 calls until December to ride back up. It's hard not to make money unless they cover the short and it blows past $5 heading down, or they sell the calls at the top of a squeeze, and it keeps heading up, but this one won't do that. Too much float.
You know what's interesting. Every single web security stk I have ever owned has been bought out. Even when they go down they get bought out or maybe because they go down. This is the 3rd if it happens. SentinelOne jumps 12% after Reuters says company exploring options » 13:30 S
AAOI an ole' stoney fave!!!!-I guess the news got out> Applied Optoelectronics, Inc. (AAOI) NasdaqGM - NasdaqGM Real Time Price. 15.26+2.46(+19.22%) As of 02:59PM EDT. Market open. Chairman of Applied Optoelectronics(AAOI)Chih-Hsiang Lin purchased 15,802 shares of company stock at $12.60 per share for a total transaction amount of $199,173.
We gave this one out Fri> as an insider we may of picked up another.... Forward Air Corporation (FWRD) NasdaqGS - NasdaqGS Real Time Price. 66.21+1.63(+2.53%) As of 02:59PM EDT.
Double release!!! We already tipped you!! @$63 Chairman of Forward Air (FWRD) Thomas Schmitt purchased 16,050 shares of company stock at $62.70 per share for a total transaction amount of $1,006,335.