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Re: TheDane post# 129060

Friday, 05/16/2008 11:24:40 AM

Friday, May 16, 2008 11:24:40 AM

Post# of 361729
It's really not that hard to figure out on those large trades. Just look at where the trade is relative to the other smaller trades around it. The 240k the other day was a sell. The mm sold all he could above the price, then dropped down near the .45 level to fill it where were sufficient orders to sell it to retail if he was unsuccessful in selling it higher. The 200k today was a buy. Those multiple small trades earlier was the mm collecting small sells to fill the large buy order. They waited to post it until the sp had pretty much caught up to it to maintain an orderly market. There just aren't enough shares floating around out there to fill large orders quickly. We should steadily grind higher for the foreseeable future considering the tidbits of info that are floating around out there. Ther will be some spikes and backfill, but the trend will be up for at least 2 years.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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