Final daily volume numbers are out from NASDAQ, and today saw HUGE volume during the After-hrs session with almost no change in the share price: (top daily scores ranked by After-hrs volume percent of Daily volume)
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As you can see (highlighted in
YELLOW above), today's After-hrs session ranked #15 all-time for TSLA at 10.05% of all today's volume traded during the AFter-hrs session (this was >2.2M shares). Other daily sessions with higher % After-hrs volume were "Event" days like Earnings Call, or the 5:1 Stock Split announcement (2020-08-11)
Again, most facinating that the SP did not change appreciably After-hrs, indicating that these were preplanned sales (either Options executing or MMs balancing w. other large funds ie: short covering).
So then, what EXACTLY was today's BIG EVENT? Did a big short capitulate? Haha, we'll likely never know in time to take advantage of the change, what with quarterly filings being due 45 DAYS after the end of the Quarter. If this WAS a large fund buying to cover, we won't see it in the SEC Filings until about Feb 15, 2022. Lol, transparency... its more like a smoke screen to cover a deliberate withdrawal.
And what does this all mean for tomorrow? More buying interest headed into Earnings, of course!
Cheers!