InvestorsHub Logo
Post# of 45572
Next 10
Followers 11
Posts 2219
Boards Moderated 0
Alias Born 06/17/2004

Re: tradejunky post# 9864

Sunday, 08/29/2004 7:24:54 PM

Sunday, August 29, 2004 7:24:54 PM

Post# of 45572
Remember the theory that someone (sorry don't know who) brought up back in June, that the mm's would try to keep it between 0.00035 and 0.00044 in order to cover AND make more money?? Because for every 4 shares, they could then retire 1 and it costs them nothing? Zen, was it you? I'm starting to think it was. I think you also said that it would take a min. of 21 trading days according to your calculations at THAT time to pull off the cover.
Look at where we've been for weeks now. They are trading on those fractional #'s and are keeping it here it seems as long as they can possibly milk it.

Any thoughts?



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.