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toproller

04/13/15 4:22 PM

#18414 RE: jomifa8301 #18413

No but with an obama appointee as the judge how do we know that the judge actually is competant enough to "read" both arguments. This i think is the reason for the delay. She is still learning to read.

JC4033

04/13/15 5:00 PM

#18415 RE: jomifa8301 #18413

My theory, it is a retail investor trying to get in because with that volume of shares any MM could take the order with an average floor trade and or sweep pre market or after hours. I say retail since they are making fractions of cent each time that big lot position gets partially filled and commission fees apply daily if is getting a bite. Also, the fact big lot in the +400k is upping the bid from $0.12 to $0.124 and that adds up quickly within fractions of a cent. This buyer surely wants those shares and as far as I can see no other retail seller on the ask is selling, which is a good thing and having to deal strictly with a market maker who can unload shares from his/her stock pile. I believe the big lot bidder is getting bamboozled each time another day passes getting worked with commission fees which is MM games. Any other theory out there would love to hear feedback.

tradetrak

04/13/15 5:57 PM

#18416 RE: jomifa8301 #18413

Weird isn't it? Miserable close. I bought more thinking we'd bottomed at .124 but nooooo. Ugh.