Baron Capital Enterprise Inc (BCAP)

[jan-has-art]

My friend did a little digging and talking to some of his "sophisticated" trader friends about last few days, weeks of trading.

And here's some food for thought. Now, I am NOT saying this is what happened/is happening, but again, it's something to chew on:

According to the "sophisto-crats"; one technique often used by those looking to accumulate a large amount of shares when there's a big spread between bid/ask is to place a very large block up for sale.

Thus giving the impression that a large dump is about to happen, while simultaneously being on the Bid.

So, the theory goes, the "big seller" was also on the bid hoping to scare sales.

This is just one version of a "fake wall" you often hear people claim is happening.

As we all know from those drive-you nuts 5000 share asks; MMs do not have to show the full amount on the ask on a "bulk sale" (over 10,00 shares)

So the fact is that this "seller" either specifically requested the full amount be shown, or the MM had reason to do so, (its in the MM's discretion either way) I am told,somebody "wanted" this big ask out there, even though at a time when technicals are turning and an uptrend is starting to appear..

He said this was indicative of the "trying for sales at the bid method); or possibly just a way to "slow things down"
temporarily, while he/she and/or a group get organized

Again, I really doubt this kind of conspiracy theories...

He also opined that the recent drop "could have been" (again, no real hard facts/proof) An organized walkdown by a group to accumulate (and they are starting that now ahead of potential news), but those really don't happen as often as people think (he said).

best to N. all / jan-has-art*