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Re: ledzep post# 3750

Tuesday, 01/30/2007 8:13:45 PM

Tuesday, January 30, 2007 8:13:45 PM

Post# of 22533
Led, market makers don't dilute, they are simply the middle man for the seller of the newly issued/unlocked shares.

If you watch L2 you can see which MM has the big sellers and thus is working the account of the real seller, who is unknown.

NITE was on the best ask most of the day.
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