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Re: Wolverine go blue post# 10431

Friday, 07/29/2011 3:47:01 AM

Friday, July 29, 2011 3:47:01 AM

Post# of 19899
Exactly!

Honestly, this could just have been MMs selling to other MMs trying to promote a mass panic. Though if that is what it was, the timing was very bad. Last 15 minutes of the trading day? Probably just the exit of a few very weak hands who really have no idea why they were even in TADF to begin with.

Also, notice the BID/ASK during the last 7 minutes of the day. Spread moved to between .0005 & .0008 where it had been just a few ticks throughout the day. Another very weak MM attempt to promote panic.

On a nice news day, volume was just 20% larger than average, and we saw:

- 1st hour of trading with 5.2m on 35 trades
- Last 15 minutes with 6.2m on 26 trades
- From 10:30 A - 3:45 P 3.8m on 35 trades

With 500+m held by the reporting members of this board, a slightly larger than 1% shake at the end of the day is an abysmal failure by the MMs in my mind. All that was achieved was shaking out some very weak players and temporarily raising the blood pressure of others.

Once we see TADF file the amendment with the Nevada SOS for the additional shares, our company is off to the races without looking back.

TADF Long and Strong!

"Better to remain silent and be thought a fool than to speak out and remove all doubt." Abe Lincoln

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