American Green Inc (ERBB)

[thebaseballdoctor]

nwsun...just some observations about so many 10,000 share trades...and some other observations added in, at no other charge... LOL

First of all, it looks like there were many of them on the bid with some on the ask... We have to assume that could be pure manipulation by the MMs, as very few investors are going to spend $10 on a trade just to buy or sell $138 dollars worth of stock...So, yes, there appears to be a message being sent...even though we might not know what that message is.

Secondly, the MMs could be short of shares, as there are lots of shares of ERBB that are being tightly held by long investors, etc...and they are communicating their need for shares...

This can be a good thing, even though the float is 3.2 billion shares, if a large sum of those shares are being strongly held, that would put a premium on those that are still "floating" around out there waiting to be bought by new investors to the dance. Throw in the shorts, and the PPS could rise to $.05 - $.10 with hundreds of millions of shares traded...

Thirdly, for some odd reason those 10K transactions could have been one order that was processed at 10 separate trades...probably not, but it could happen. The MMs may have been having troubles filling orders at this time...