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Re: SOUTHGAS post# 8131

Monday, 01/09/2012 8:50:34 PM

Monday, January 09, 2012 8:50:34 PM

Post# of 75926
I'm going to give my opinion. Buying and selling will go on always, in fact, it's needed. Yes, there can be a limited number of shares for MM to trade if longs hold a good portion of the float , the MM's can short sell, but only to a point that they know that they will be able to recover. What kept this SNDY @.0011 today was lack of buyers, buyers that were not willing to put up a .0012 bid and did not have confidence to start chipping away at that .0013 wall on the ASK. Look at it this way, someone dumped shares at .0011, those shares are either now in the hands of the MM's and will be traded slightly higher, in the hands of a flipper and will be sold higher or the best scenario, they are in the hands of a long and held.

I myself added today, once on the ask and once on the bid.

Just my opinion.

SNDY

"The cynic knows the price of everything, but the value of nothing"