Friday, February 04, 2011 9:59:52 AM
Certainly a very high percentage of the float is in strong hands.
The selling is predominantly by one person using ETMM. The "signature" for these trades is very, very clear to me.
If the ETMM guy is selling a large position, he will soon be done. If ETMM is wash trading in an attempt to accumulate, that can't be working. And if they are shorting, they are making a very bad mistake.
Regardless of which scenario is playing out here, this is going to get very interesting very soon.
Wadi
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