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Re: ace65 post# 58351

Wednesday, 07/29/2015 4:47:04 AM

Wednesday, July 29, 2015 4:47:04 AM

Post# of 122022
Another poster mentioned T trades and at the lowest or near the lows of the days being common. In my experience watching the T trades in general, not just on ERBB, T trade at the lows of the day imo are most likely mms shorts exiting. That's the big money'd players I think are involved..I think trades between MMs makes up a lot of the volume. I don't think short activity is correctly tracked and I also think air shares may be involved not just with ERBB but as how the industry of trading shares works.. I don't think FINRA does a great job of accounting for shares. FINRA is a brokerage run organization. They're not a federal oversight agency. FINRA is in place to give cover to the brokerages. That's like asking the weasel to watch the egg hatchery.