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Re: eom7 post# 3970

Tuesday, 05/10/2011 3:42:21 PM

Tuesday, May 10, 2011 3:42:21 PM

Post# of 12369
same as etrade volume

basically someone got out of his position of fep when the anouncememnt was made without checking the details thuroughly first......trying to be safe maybe or panicked when he saw sc72 somewhere there in the mix <even i took a big gulp when going down that list>..........a position worth roughly 40 thousand.....and if the market maker counted the volume twice as they meet the buyer and seller.then maybe the position was worth 20 grand or so.......I have more than that myself invested in Fecof....so no big selloff afterall except on the volume chart it looks HUGE in comparison....actually i'm suprised it didnt go down to 30 with that kind of comparitive volume..but it goes to show you that there is at least one person afterall that was waiting for volume to pick up some shares on this potential huge play. Maybe a market maker.