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Re: Superfly15 post# 68

Thursday, 03/29/2012 10:28:21 AM

Thursday, March 29, 2012 10:28:21 AM

Post# of 200
Yup. With a spread like that you bid sit and hope for some capitulation on either the AXE or a fill at the bid.

Although with this SS the overhang will decrease with every buy fast.

Shares become tighter much faster.

It's hard for this to be a trader or flipper for the same reasons.

Tronox was a great example. The PPS would leap in jumps of .04 to .10 as time went on in the case.

This reminds me of that.





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