imo the conversions are happening through arca (no retailers use him, and fees would kill you otherwise) it was maxm/cant then nite/atdf and now good ol' arca...he was on the ask hundreds of times on Friday - he would even cross the bid and whack out..then wait a couple minutes and sell again..and i don't think the no change in o/s for the day matters as it seems to catch up every couple days..
the good part is there was always a buyer for the dilution and the volume was so good that it was allowed to keep ut'ing..
but agree, hoping for a day like last week (when he disappeared after selling a few .06's in the first hour) where arca stayed away all the rest of the day and it ran nearly 100%..
come on, give us 2-3 days conversion free.....tia ha
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