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Re: Maico501 post# 55452

Saturday, 09/18/2010 9:35:13 AM

Saturday, September 18, 2010 9:35:13 AM

Post# of 111214
Maico,

A public "THANK YOU" for the gentle nudging you have been doing for the last year for me to look at the Den & some of Monks calls.....I decided to put a small position in EIGH, picking up some shares in the 5- 6 cent range in August......

I also wanted to ask the board here about the action that took place yesterday on L2's around 3:54....

The bid was building nicely with 3 MM's @ .27....(finally...there was en endless supply of .026's that had been popping through all day) than the ASK side just lit up like a Clark Griswold Christmas Tree! I have never seen anything like it, Everyone (MM's) decide to move at once & jockey for position....I believe that a .32 appeared on the ask, than alot of postioning in the high 30's, than Nite stepped in & ended on top of the ask....(I am beginning to believe)...



My question to you & even the board here is what was the catalyst that made this happen in the last 6 minutes? If you look at the volume chart below, to me it was not a ton of volume that made this Christmas Tree light up....We have had higher volume days the past few weeks & this did not happened on high volume yesterday......

Time & Sales RT
Price Size Exch Time
t 0.285 15000 OTO 16:05:21
0.288 0 OTO 16:05:21
t 0.285 10000 OTO 16:00:06
0.288 1000 OTO 15:59:48
0.288 5000 OTO 15:59:33
0.29 5000 OTO 15:59:29
0.25 5000 OTO 15:59:16
0.29 5000 OTO 15:59:07
0.29 5000 OTO 15:59:07
0.29 5000 OTO 15:58:36
0.292 474 OTO 15:58:32
0.292 20540 OTO 15:58:30
0.292 1000 OTO 15:58:26
0.292 14500 OTO 15:58:17
0.295 2500 OTO 15:57:23
0.295 500 OTO 15:55:57
0.295 50000 OTO 15:54:57
0.295 20000 OTO 15:54:41
0.295 5000 OTO 15:54:34
0.295 2000 OTO 15:54:33
0.29 10000 OTO 15:54:13
0.295 5000 OTO 15:54:07
0.29 220 OTO 15:53:41
0.28 283 OTO 15:53:20
0.285 5000 OTO 15:53:20
0.28 3667 OTO 15:53:20
0.285 3667 OTO 15:53:20
0.28 8860 OTO 15:53:13
0.28 19700 OTO 15:53:11
0.279 1050 OTO 15:52:34


Thoughts anyone?...Thanks....somebody posted about a .25 going through...not sure what all that was about.....

I wonder if there is a way to slow down Kando's recording of L2's...