Thursday, September 07, 2006 5:42:55 PM
The only thing I can think of is that the mms are trying to keep this from running before they load up prior to the big run . However, that doesn't even make much sense because mms rarely even know anything about the stocks they "manage". Very curious...especially when they appear to be losing money on the mirror trade (albeit small money).
I also think the low volume shows that Longs own almost all the 130 million float and are willing to wait for the East TX news.
Between Arch, Eatme, Joe and my group, that's 37 million right there. With everyone one this board, we've gotta be close to owning almost all the float.
Hence, if we get good news from BIGN on the East TX deal, we could gap up BIG TIME!!!
IMO GLA
IMHO DYODD
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