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Re: SpunjHamr post# 58065

Monday, 12/20/2010 4:07:21 PM

Monday, December 20, 2010 4:07:21 PM

Post# of 66758
Do you follow L2-bid/ask? Did you observe the flow of MMs selling? Did you notice one MM constantly selling? Trying to eeek out every last dime, errr cent, err 10th, errr hundreth? Seldom and only on the bid side momentaraly as the price plummeted? This need not occour and seldom does with any fundementals behind a 1.75 dollar offer. I was open to possibilities positive but constant selling into the fall from grace is never good, and questions how believeable a story is. It's not a fault living in hope, but waiting to see if things will improve in a loosing situation is stubbornness, not hope.