Asperse stock_observer all you wish, but there is clearly something different to the tone and tenor of MXXR trading, as evidenced by the Daily History:
Matrixx Resource Holdings Inc "High - Low - Last - Volume"
Date HI LO LS VO(U)
22-AUG-06 0.063 0.0580 0.0583 692490
21-AUG-06 0.068 0.0560 0.0600 1317215
18-AUG-06 0.068 0.0580 0.0580 1655585
17-AUG-06 0.068 0.0600 0.0630 2905817
16-AUG-06 0.062 0.0510 0.0610 1987473
15-AUG-06 0.062 0.0510 0.0610 1962431
14-AUG-06 0.057 0.0501 0.0528 3819754
11-AUG-06 0.058 0.0540 0.0570 1609558
10-AUG-06 0.061 0.0510 0.0550 2387177
09-AUG-06 0.063 0.0510 0.0610 3194868
08-AUG-06 0.065 0.0600 0.0610 1742625
07-AUG-06 0.073 0.0600 0.0650 3725819
04-AUG-06 0.075 0.0500 0.0660 13078810
03-AUG-06 0.060 0.0460 0.0500 4415198
02-AUG-06 0.069 0.0530 0.0600 4411334
01-AUG-06 0.076 0.0600 0.0690 4627760
31-JUL-06 0.075 0.0660 0.0710 8405901
28-JUL-06 0.065 0.0520 0.0610 1764502
27-JUL-06 0.072 0.0540 0.0610 3430961
26-JUL-06 0.060 0.0410 0.0550 2615141
25-JUL-06 0.075 0.0450 0.0500 7564747
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Notice how the volume has plummeted. Now observe that the 10-day average volume is over 2 million
us;MXXR Matrixx Resource Holdings Inc Common Stock
CUSIP:57685E101 NEWS 13Jul06
Avg Traded Price: 0.0599 Volumes Trades Tic Volume
Total: 692,490 67 0 0.0%
Last:+ 0.0583 (U) 14.15 Block: 566,500 33 0 0.0%
Bid: - 0.0580 50 (U) 14.14 NonBlock: 125,990 34 0 0.0%
Ask: 0.0600 50 (U) 14.14 10DayAvg: 2,258,251
and today has traded barely 1/3 of that 10-day average.
Given that Ameritrade is one of the largest online brokers, it's clear "someone" wants to slow trading down, and restricting opening orders online would be one sure way to do it. Say, stock_observer, is that restriction being imposed by the "original" Ameritrade, or the "TD Waterhouse" stepchild of the "new" Ameritrade?
AI
