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DFW

Followers 31
Posts 3921
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Alias Born 05/13/2006

DFW

Re: bavarian boy post# 3985

Saturday, 07/22/2006 8:55:21 AM

Saturday, July 22, 2006 8:55:21 AM

Post# of 38056
Hey BB looks like you are getting to the point of seeing the MMs movements.

Yesterdays close was a bounce off of the "Shaq 007 Floor" but the MMs did it at the close with a 3000 share trade. Maybe they read my post and jumped up from the 500 share close the day before LOL..I thought the minium trade block was either 5000 or 10,000.....Candlesticks turned to a Buy IF because of the close but most of the day was below 007.

I am not sure now if the MMs will let this fall to 005....
I feel if someone wants to buy sub-penny we may need to do it at this range.

In a few weeks we will be getting the SEC 2nd quarter report and that could change a lot of things however the Cornell deal will be in the 3rd qtr report.

3 to 5 years is a good time frame to play this deal and in NOV when Cornell starts exersising warrants we may need to refigure the entire deal. How can we began to guess a share price when we never know the number of shares we are going to be dealing with 6 months or a year out.

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