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Wednesday, March 09, 2011 12:36:27 AM
Not exactly, more like business as usual. "Airshares" are nothing new.
Last three days trading as reported on FINRA reported 16,429,070 FTDs (before today). Today's usual shake and bake tactic didn't exactly result in massive selloff as hoped for by MMs, and maybe those posters continuing to to talk down the stock, even though many detractors apparently hold no position. If they doubt the company and do hold a few shares, why not just sell and move on? Including today, FTDs in just four days of trading, resulted in 18,578,662 FTDs! Without a massive selloff, where are shares going to be borrowed or located? Longs are holding tighter than anticipated. Bought a few cheapies today myself, although I counted my position as already full, I just couldn't help myself. I think a few other longs, and perhaps a few day traders, may have done the same. Everyone is free to believe and invest as they wish, but it appears to me that time is on the side of longs here.
EasyMega$
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