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rwk

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Alias Born 08/06/2003

rwk

Re: Dory post# 202115

Wednesday, 12/01/2010 5:34:21 PM

Wednesday, December 01, 2010 5:34:21 PM

Post# of 249627
Dory / I tend

to think the buyer was a fund that has an interest in a long exposure to Wave. Funds are really the only large buyers who use MOC orders as it's not really their money that their spending and so what's a few cents between friends for certainty. I also tend to think that the shorts are risk takers, and would fill their orders during the day rather than wait for a specific close of day price.

I agree that the buyer thinks he knows something. But I'm not sure that he knows any more than this collective board.
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