I’m going to keep brief because at this point everyone knows about the dark pool.
On Friday the dark pool volume exploded more than I have seen yet for a single trading day.
Here is the summary data for all (106) dark poo trades. Dark pool source is Unusual Whales.
– The premium is what is paid to use the dark pool.
– The price varies but I calculated the weighted average using the number ofshares in the trade.
– Don’t worry about the size, your wife’s boyfriend has that covered.
– The volume is the same as any other time you see volume.
Okay dropping almost $20 milly to take a dark poo dump on GME is not the craziest premium I have seen for GME’s dark pool history. However, this is some massive volume. The dark pool volume was 59x the lit exchange (source yahoo below) on Friday.
For comparison to pre-split numbers 594,671,000/4 = 148,667,750 ! Yeah, over 2x the shares outstanding. If this is how they plan on handling, getting dividends to their synthetic shorts (while trying to manipulate and control the price of course) they still have a week (if not more) of this to go. Time will tell.
Oh, and the total $$$ for all of those shares in the dark pool? Is $21,400,217,857.60; that’s $21.4 billion for the kids in the back. Yes, I know that can include buys and sells but does anyone really think the dark pool is used to hide sells? *Hint: Sells in the dark pool wouldn’t drop the price so the shorts would very much prefer to have the sells hit the lit exchange and send buys to the dark pool.
$21.4 billion added to GME’s marketcap is enough to boost the share price by $70.28! Which if added to the close price would be $106.06 (equivalent to $424.24 pre-split). Which is interesting considering this post https://www.reddit.com/r/Superstonk/comments/w6u4hl/market_is_closed_but_shtoro_notification_just/ about an alert that GME just hit $100.
Oh, and how about the AH finishing right at the close price? Well below is the largest dark pool order of the day and it came after hours. A 10 million volume order to pin the price at $35.78
TLDR: The shorts are fighting for one more day and still losing.