InvestorsHub Logo

CR

Followers 0
Posts 26
Boards Moderated 0
Alias Born 12/28/2005

CR

Re: Dakota Dad post# 651

Tuesday, 02/07/2006 5:35:21 PM

Tuesday, February 07, 2006 5:35:21 PM

Post# of 18151
Dakota Dad, My take on today was more on how long the MMs should let this run interday. On friday and monday pps were both up appox. .0026 - up appox. 56-57 % at appox. 11 am with appox. 1 billion shares traded when they started to walk it down. Today they may have just been "testing" the waters to formulate their next move. Or
Could be just a shake to see what will fall from the tree. Three forths of today's Vol. came after she went red. This was certainly good for them but I don't think it will be substainable. I feel what they might do is let this run a day or two, walk it down, and then pick up the cheaper sales to help them cover more inexpensively.
Today I held my shares ( add a bit too @ .0057) I'm will keep a very close eye on this one and see where the next set of common denominators align themselves. I belive it may be a derivative of the above perameters as they must have a budget they need to adhere too, and just can't go off willy nilly paying any price to cover as they still have a long way to go.
All this is JMHO
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.