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Re: NOBO post# 54303

Tuesday, 08/04/2009 11:11:25 AM

Tuesday, August 04, 2009 11:11:25 AM

Post# of 343829
Not if MMs like FANC and MURF keep us boxed in with this 25% gain game they are seemingly playing. Those longs will start to drop off and the price will go with it.

If FANC is capable of buying huge blocks below bid, it won't matter to them what the price is as long as they can set the ask after the fact.

If FANC is the huge block buyer, then they are making $$$ hand over fist and we're all on the outside looking in.