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Re: TOB post# 12133

Friday, 06/29/2012 4:36:29 PM

Friday, June 29, 2012 4:36:29 PM

Post# of 21090
The MMs held the price at .8001 for the last hour buying all the shares being sold. When L2 would let you see $.80, several buyers were present wanting 50K shares or so..not much was given to them.
Rememder HDY was deleted from the Russell 2000...thus the dump last week. I think some end of quarter book keeping was being done this afternoon on some small funds. Look at the chart, $.80 has helds before.

This could run hard being a laggard on the big oil move.