InvestorsHub Logo
Followers 11
Posts 46
Boards Moderated 0
Alias Born 05/18/2009

Re: Carpedeim357 post# 164365

Thursday, 08/13/2009 4:35:48 PM

Thursday, August 13, 2009 4:35:48 PM

Post# of 346917
I don't have level 2 but it sounds like AYME is the Marker Maker buying back shares on behalf of the company- when buying back shares from the open market,a company can only purchase shares at prices less than the highest non-company bid of a given day. Also, a company buying back shares can only use one Market maker when buying back securities. From what i have heard on this board about the trading patterns of AYME, i'm pretty sure this is the company buying back shares.

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.