CMKM Diamonds Inc. (fka CMKX)

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http://cmkmdiamonds.proboards27.com/index.cgi?board=news&action=display&num=1086198729


gdh
Diamond Driller


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Got a call from alphatrade ...
« Thread started on: Today at 12:52pm »

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I just got a call from alphatrade, seeing how I'm enjoying the level II trial.

We got talking about CMKX, he seemed to be very aware of it. He said that NITE is no longer the biggest MM because they got slapped by the SEC for naked short trading, so their volume has slowed since April 1 (when the new regulations came into effect). He said they were one of the biggest offenders. Also said that he wouldn't be surprised if CMKX was shorted 1 trillion shares!

About the 1 and 2 bid/ask share volumes showing up on level II for some MMs, he figured (didn't know for sure) that it represented a multiple of some # (1 = 100 million maybe).

Weeeee!