Monday, April 05, 2010 5:17:48 PM
I think th majority of the shorts were covered at 2.3 mil volume today. All but UBSS and they had a few left on the table. I noticed the Buy Ask tightened up alot and we moved above .785.
Joe I agree but the MMs have more control over the PPS a than the CEO and shareholders right now. I think that will soon change! Very unlikely the MM will get what he deserves! I suspect they are riding free on many million shares at this point in the game.
The 1.9 mil short bet was just a hedge imo.
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