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Re: g-ianni post# 22986

Thursday, 12/24/2009 1:49:00 PM

Thursday, December 24, 2009 1:49:00 PM

Post# of 83110
You won't catch heat G but I am not alarmed at todays activity.

I have seen dilution on L2 which shows a steady and quick drop in price where many MM's react the same and continue to drop both their bid and ask.

MM's know when dilution is occuring, they have tools beyond our own and can likely see every order on the market.
You can see MM's working in Tandem when dilution is occuring and often 2 or 3 of them start dropping their bid and ask identically and at the exact same time. It creates a feedy frenzy.

This played as one of four differant scenarios

- tax loss selling
- Monday is last day to sell American stock for Canadians to
book either Gains or Losses in 2009
- shareholders booking profit in 2009
- perhaps restricted stock released into fully trading status
- TA's can sometimes confirm increase to the float
but not the O/S if the TA is not gagged
- Market Maker Shake
- this plays exactly as I saw today. Stock is stifled from
rising with numerous buys but drops instantly on just 2 or
3 sells

Personaly I think some booked Profits for 2009 and AUTO is manipulating the market.
I also believe the other MM's are participating in the shake.

One of the key indicATORS IS THE INVESTOR INTEREST and it remains high on even just this board.

The large number of buys also indicates that interest.

Much of the sell volume we will see today is incl in the T Form sales

There were a number of sales which I believe came from investors booking Profits.

Everyone is entitled to their own theory.

Today would have been a great day to buy.

eye