GBA Presents: House of Gummy-!

I can't say I ever remember seeing 900K on the bid like that... I think that may of been a spoof.

I don't think I ever saw it reflected in total vol but the bid vanished.
19 block trades.... 374K total.
There was one block at 101K shares on the buy side at $5.44
It might run, unless that was a scared shorty.

That was right at the bell.
 
I'm pretty sure you covered this: Something shady with Franchise Group- which b Riley purchased.

Short Report: Bearish bets on B. Riley reach record high » 19:22 RILY, CRCT, LAZR, LMND, BIRK, VERV Welcome to this week's…
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The Friendly Bear says B. Riley needs to immediately open internal investigation » 11/14 RILY The Friendly Bear says… B. Riley 'over-levered,' investments 'atrocious,' Friendly Bear says 11/14 RILY B. Riley Financial shares drop to lowest level in three years » 11/13 RILY B. Riley Financial shares… Franchise Group CEO said to be named as co-conspirator in fraud » 11/06 RILY John Hughes, a co-founder… B. Riley Financial down 7% following recent Moody's downgrade of Franchise Group » 11/06 RILY Last week, Moody's…

Friendly Bear.. yea right.
Well, there's a whole thread about it. @BMK makes some good points. Here: https://www.elitetrader.com/et/threads/b-riley-rily-debt-securities-taking-a-hit.377042/

They didn't buy it, they just invested more money. Their stake has made them a lot up until now. I think since 2018.
 
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