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Sunday, February 26, 2006 4:51:50 PM
http://stockcharts.com/def/servlet/SC.web?c=SCMI,uu[h,a]daclyyay[db][pb50,520!d20,100][vc60][iUc20!L...
http://stockcharts.com/def/servlet/SC.web?c=MMXT,uu[h,a]daclyyay[db][pb50,520!d20,100][vc60][iUc20!L...
MMXT is still being accumulated...probably due to news and possibly SHO related short covering...interesting that someone was keeping a lid on MMXT Friday at .0179. This is what I was perceiving based on selling some SCMI to buy MMXT back for less. If in fact this is intentional "manipulation, whomever is doing this will probably do the exact opposite within a week or two. If so I'll flip back to SCMI, hopefully for 10's of thousands more freebie shares.
MMXT got shaken way down low on low volume, but it was hard to buy shares without bidding up...even then it took a while to get filled.
I still see no difference between owning MMXT or SCMI, although MMXT is more volatile both ways. 1 for 1 merge. Perhaps some much bigger players are doing exactly what I describe...playing the spread for hundreds of thousands of free shares??
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