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Re: cjctrader post# 80329

Friday, 12/03/2010 4:13:29 PM

Friday, December 03, 2010 4:13:29 PM

Post# of 172990
I think you are right. Someone loading big time. I don't know if anyone else noticed the green 7's on level 2 for the tune of just under 12 million in the last ten minutes. Those who are not aware, green numbers are because bids or asks are being raised to get the trade done. In this case, it appears the bid was raised from 6. It was one of those crazy trading days that make you wonder sometimes. They traded well over 100 million at 7 and everytime until the last couple of minutes, once the 7 bid cleared, there was always someone there jumping back in with the bid 7 support. I think this bodes well for us. They don't want this PPS lowered, they want some buying volume so they can start to drive the price up. All IMHO. Have a good weekend folks and see ya'll at the bell Monday.

Happy trading, larybaby2