Jul. 28 at 2:17 PM
$LX spoke to one of my guys over at a big bank. He says someone is dumping a big chunk every day at the open. On dark pools only… so it should be temporary. Apparently it’s a big fund and doesn’t want to own it anymore because it’s such a small position. They are tax harvesting, don’t care about price, they just want to clear it off their books.
