Pete, Bamo, anyone with an idea about these large volume after hours blocks of XL shares traded. Somebody has to want to sell after hours and somebody has to want to buy these shares. I don't believe somebody who has half a million shares to sell would just put them up for sale in after hours. In order for that many shares to actually change hands from a seller there would have to be a huge number of individual orders in after hours or some individual would have to want that many shares. Could there be agreements made ahead of time for a buyer and a seller to make a deal? I'm not saying it's illegal or anything I'm just trying to understand it.
Maybe selling that many shares during market hours would affect price movement. Also if a buyer and seller agree to make a deal after hours seems to be the best way to do it....Anyone have any thoughts?....Thanks....Objective