InvestorsHub Logo
Followers 5
Posts 216
Boards Moderated 0
Alias Born 02/28/2010

Re: uhlmant post# 3230

Thursday, 05/20/2010 8:26:14 PM

Thursday, May 20, 2010 8:26:14 PM

Post# of 7206
uhlmant, everett, like I said, ARCA is an ECN.

Some guy selling from E-Trade probably shows up as ARCA on the level2. Thousands of firms use ARCA. The point is, you can't tell who is selling (or buying for that matter).

As far as the daily short sale report, pretty hard to blame the selling on "naked short selling" today. It would appear to be actual sales. Big deal. Market down 300+ and someone decides to sell a little Tronox. Is that a surprise after the run it's had?

Apparently no one noticed my post earlier today regarding the 2008 and 2009 audits. The company is going to have them done, in addition, they are going to have the prior financials restated. Hello? It would appear that they are getting their ducks in a row for the no later than July 12 POR release. They will need updated financials to get the stock relisted.

So, I think the light at the end of the tunnel might just be getting a bit brighter here.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TROX News