Sunday, March 09, 2014 12:11:12 PM
Did I see 100 share bidwhacks everytime there was a trade at the ask? NO
Did I see tens of millions of shares being sold at the bid everytime BNY^ ticked up a hundredth of a cent when there was a decent bid size? NO
Did I see the CEO putting out a big press release to support this move in the stock price? NO
Does BNY^ even have an existing business, much less a business with 45 employees and 10 million in revenues? NO
Did I see 100 million share blocks being traded between MMs at .0001 to try and suppress the upward move? NO
In other words, BNY^ apparently isn't infested with a huge naked short position.
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