Saturday, March 01, 2014 11:17:20 PM
My response to a yahoo posters. Feel free to critique as you see fit:
I'm not sure what else a long could want.
EDGX** is actively managing this stock. *GS's 600k+ buy-in with this MM** manipulation to leverage its 20% partner* isn't exactly a bearish indicator.
I know they're still around because they placed an 11k block buy at 1600 per their usual on Friday at the close after the, what I've determined to be, profit taking and weak handedness.
Institutional defection would've been much much deeper (-$2 or -$3) than a less than ~$1 drop than we saw. They arrested the fall they inadvertently facilitated with a massive block buy on Friday morning. That thing was ready to fall another $.5!
A lot of care to position this "small" vote of confidence has come in here. I actually think Thurday's gap up was unhealthy and couldn't have their lean maintained because of all the $7.5 calls that were triggered basically on the bell. Hard to plan for, can't be quick enough to act.
GS may "only" have ~600k+ on NW, but they sure are taking care of their money.
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