Thursday, February 17, 2011 2:42:37 PM
The MM sells shares that he/she does not have, air shares.
This is a way for the MM to walk down a stock as was done yesterday by VFIN. VFIN was on the ask all day. Kinda like again today. I wonder if VFIN is shorting again today?
Not much volume. This stock has proven time and time again that it will fly with some volume. The problem here is MM in my opinion. How do you go from painting 28 then droping to 24 with no stops @ 27,26,25 on the way. Why don't they raise the bid instead as well?
Questions that I would like to be answerd.
Always do your own DD, Posts are not meant for anyone to buy or sell anything.
GB FatCst
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