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Re: sojourner post# 18724

Wednesday, 04/16/2008 2:15:37 PM

Wednesday, April 16, 2008 2:15:37 PM

Post# of 35633
Very nice table, Shorts are more interested than ever at CTGI.

We have two MM firms that are famous as aggressive shorters, HDSN and SSGI. HDSN has been at the lowest ASK for several weeks helping push the price down. My suspicion is they are shorting heavily for someone. These are two of my least favorite MM's along with VFIN, CGFL and FANC.

As mentioned sometime back, they float upward with minimal buying pressure. They always remain the lowest ASK, moving down to close any spread very quickly.

It will be very interesting to see how they react to the approach of May and a new FDA approval opportunity.

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