Diversified Oil and Gas Holdings (DVFI)

[Imperial Whazoo]

If I remember correctly, as recently as 2 weeks ago, whenever a trade would tick at, say .018, there would be a mirrored trade instantaneously. My recollection was that it was, for example 35,000@.0175 followed immediately by another, 35,000@.017 or at .0175. My recollection was that, up until very recently, the MMs were mirroring at equal to or slightly below. Transaction at .0175 followed by identical size at .017. Now, they simply prop it up with 100 share trades at .019. The "mirroring down" has ended and now they are propping it up using ridiculous little 100 share trades. If the activity involved some size to the .019 trades, it would probably mean that there is actually impending movement upwards. With them all being 100 @ .019, there is no momentum. They are propping it up.

Maybe there is someone out there who would expose the fact that they have been on the MM side of the table at some time in their personal history. Frankly, I suppose that the floor boss at any MM trading desk is going to direct this kind of activity, but unless you have actually walked a mile in these guys shoes, I can not visualize any logical explanation. Anybody out there have any first hand knowledge they'd like to share with the rest of the board?

Imperial Whazoo