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Re: None

Tuesday, 02/22/2011 6:09:37 PM

Tuesday, February 22, 2011 6:09:37 PM

Post# of 233825
Regarding those million share trades these are my opinions. They don't involve any independent retail players. Nor are they based on any inside information -- in my opinion. The buyers could be the MM s cleaning up their books for when the new rules kick in with more scrutiny of how much the MM s have abused the privilege of selling short in the past. I don't think it's anything to do with an upcoming new financing. It could however be the insider financiers balancing out their over-sold position. On the sellers side .. who has large blocks of shares like that ? Not the MM s anymore in my opinion. Perhaps the insider Financiers STILL selling ??? This sell side of the trades is hard to figure. I don't read anything overly positive into it because there wasn't any healthy price spike to accompany it. I think it is just an inter-MM thing.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y