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Re: xZx post# 23920

Wednesday, 09/26/2007 4:20:23 PM

Wednesday, September 26, 2007 4:20:23 PM

Post# of 107353
Brikk, I think it means some buyers have approached shareholders privately and negotiated their large purchases. Many times those will not show on the wire if shares are transferred between accounts for an agreed upon sum, but sometimes they are simply traded AON between two accounts at the agreed upon price. They may have figured out who had a cost basis much lower, asked if they'd sell some hoping they wanted some profit peeling and liquidity and the answer would be yes. That the trades are not going through below the prevailing bid is a good indication that the going price is setting up a higher new base. Good stuff