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Re: holein12010 aka hugh_jackoman post# 3277

Wednesday, 07/28/2010 1:50:19 PM

Wednesday, July 28, 2010 1:50:19 PM

Post# of 40914

H, all the shares are sold into the market. There is no dilution happening that would facilitate large blocks (large is relative to the size of your wallet as well). (OS=AS). IMO, shares are mainly held by longs that bought in above the share price we see now and see the same potential we do. I think the bid and ask spread is large due to someone trying to pull the ask down in order to get more shares at the level they want (last trade yesterday was a 5,000 share sale to bring it down to 18, WTF is that?). The MM's holding aren't going to dip on a trade like that. It seems like that's what has been happening the last couple days to me.
Just my non-pro opinion.

W

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