Wednesday, June 22, 2005 2:05:25 PM
but it is still obvious that someone is selling large blocks of stock.... some being sold at the bid, but mostly the blocks are being sold at a price right below the ask. I am convinced that someone (for a while now) has a standing sell order at a penny or two right below the ask, so that when a buy occurs at the ask, the sell order is then also filled. Thats why you see so many trades back to back for the same number of shares, but .005 to .02 cents different.
WHO THE %$## is SELLING THESE SHARES?
Thoughts? (Other than Jalepano, I know his thoughts).
pwert
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