Wednesday, December 29, 2010 3:17:28 PM
amigo, on another subject, i called the TA today and there's no change to the OS. it's still 580,781,853 and has stayed there since at least 12/16/10... before that i was 571M, since around 11/18/10. overall, very stable. i mention this because we had been discussing whether the warrant holders had been liquidating last week during all that volume.
it's pretty clear to me now that they are holding long, just like the rest of us.
how much of that volume (roughly 30M shares) was short covering, considering how hard they brought it down from .08, well... i'm more inclined to think we saw some of that, in combo with tax selling and others just freaking out.
is the stock under heavy accumulation? why else would they shake it like this? imo we're about to find out who wants all these shares, and why.
it's pretty clear to me now that they are holding long, just like the rest of us.
how much of that volume (roughly 30M shares) was short covering, considering how hard they brought it down from .08, well... i'm more inclined to think we saw some of that, in combo with tax selling and others just freaking out.
is the stock under heavy accumulation? why else would they shake it like this? imo we're about to find out who wants all these shares, and why.
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