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Thursday, September 21, 2006 6:34:04 PM
I'll study that.
Here's my thought, though. If you recall, didn't Strickland register an inside trade at or about Sept 1 (m/l 3 weeks ago) for almost exactly that size of a position and couldn't this 3 week trade pattern be that position being traded out? Just a coincidence that the positions are near each other in size or is it meaningful?
Secondly, if a short position really is being unwound, doesn't this indicate that the short seller is anticipating a distinct upmove and is resolving his short position lest he be in an even more unfavorable position when the stock takes off? Thus... good news and a strong indicator that serves as an avisory, as it were, to acquire hastily more Spooz shares?
Also, whose level 2 do you use? I use Reuters and it doesn't satisfy.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
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