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Re: need2know post# 25313

Tuesday, 08/29/2006 1:11:10 PM

Tuesday, August 29, 2006 1:11:10 PM

Post# of 37776
Heavy volume. 437.2 million so far today when the past 10 days average volume is 44 million. We're about to blow past the 10 times 10d average...

I'm trying to figure out whether this is good or bad right now. Especially when all this volume has produced on the daily chart is two spikes and returns.

If today's volume is based on lots of dumping, then who is buying? Are the MM's buying shares to cover their NSS? Is this a run-up before the expected announcement of the reverse split?

Any opinions out there?