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Re: iamadog post# 51247

Monday, 08/12/2013 4:48:36 PM

Monday, August 12, 2013 4:48:36 PM

Post# of 183586
MM Short during day, and Cover AH

The point to all this is the MM are controlling the trading by sitting on the ASK using Short position, and most likely the CD holder is still providing shares for the MM to cover After Hours.

Those After Hour settlement trades are Short Covering and are nearly always below the daily closing price, which give the MM a profit for Shorting shares on the CD holders behalf during the trading day.

If they would step aside on the ASK the stock could trade much higher but they apparently will not do that yet.