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Re: JJdivini post# 3536

Thursday, 01/03/2008 3:15:34 PM

Thursday, January 03, 2008 3:15:34 PM

Post# of 11034
Did anybody catch the ECNs buying spree. There were three ECNs active on the bid side (EDGX,AUTO,ARCA) and none on the ask side.

This is quite unusual for OTCs and usually means somebody is staging a run; this somebody wants to push the pps up. Only AUTO is now left in and note how quickly DOMS (=main diluter) moved back to 0.0038

Lets see if we get one more push by the ECNs before end of day. If not we should have at least one tomorrow if the "buyer" is serious. Bring the pps up sharply for us retailers to mull over, over the weekend

It should also signal the end of the dilution for now

PS.. while typing EDGX has rejoined. This could be interesting



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