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Re: KingofPennies post# 183

Wednesday, 09/10/2008 7:02:49 PM

Wednesday, September 10, 2008 7:02:49 PM

Post# of 1505
So, you're saying that the market makers absorbed 15 million + shares over the past few days, and are trying to get rid of them? I'm still waiting to see the Form 4's that get filed within the next week - according to Yahoo and CNBC, institutions and funds owned 96% of the entire float - that's a very large amount and left only about 1 million shares not held by institutions. The Form 4 filings should come out soon though to see who sold out - this would let us know exactly how much of the 20 million shares traded over the last 3 days were actual sales. I'm sure some new funds will gobble these up.

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