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Re: None

Saturday, 01/15/2005 12:49:57 PM

Saturday, January 15, 2005 12:49:57 PM

Post# of 21
My take on 1/14/05 FCAH trading activity is that many good sized positions were taken early in the day and it seemed to me that the mms were letting those positions be taken in a fairly tight price range (.0013-.0014). Almost 90% of the days volume occurred in the first few hours of trading. After that the mms trickled it down on basically nothing. It seemed like some classic front loading and with the pps still in the "front loading zone" I expect we may see a day or two of similar activity coming up. This new business was just born 2 trading days ago and I think we will be seeing a flurry of new developments in the next few weeks. I will not be surprised to see the pps over .01 very soon.

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