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Re: None

Friday, 08/09/2013 7:56:56 AM

Friday, August 09, 2013 7:56:56 AM

Post# of 183602
53% Short, Late 459,544 Cover Trade

If you want to understand what is going on here, follow the shares & trades. Yesterday 53% Short, 619,544 Short, of total traded 1,170,877.

All those 10k trades to BID and immediately to ASK are MM forcing trades among themselves.

MM, usually VFIN is sitting on the ASK with shares that are offered that are SHORTED to make the trade.

They square up either last trade of day or immediately After Hours covering most of the balance of their Short by getting shares from CD holder to cover. That Cover trade is ALWAYS lower than the daily trading, which is profit for the MM covering.

Bottom line, focus on the fundamentals the trading BS is just that and will end when the CD stops providing shares.

Time Price Volume Market
08/08 0.0022 459544 OTO
08/08 0.0023 30000 OTO
08/08 0.0023 30000 OTO
08/08 0.0022 10000 OTO
08/08 0.0022 1000 OTO
08/08 0.0023 330000 OTO
08/08 0.0023 100000 OTO
08/08 0.0023 129544 OTO
08/08 0.0022 10000 OTO
08/08 0.0023 789 OTO
08/08 0.0022 10000 OTO
08/08 0.0023 10000 OTO
08/08 0.0022 10000 OTO
08/08 0.0023 10000 OTO
08/08 0.0022 10000 OTO
08/08 0.0023 10000 OTO
08/08 0.0022 10000