Replies to post #2970 on Global Developments Inc (GDVM)

[John Kent]

Yep saw them buy a 2 mill block around .073. Now ask yourse;f why MMs are working hard trying to box the action wash trades and sell into bids?

Everytime you see VERT stepping up and moving up advertising an increasing bid amount in some case

Their goal is to accomplish one of two things:

-Either accumulating ahead of an anticipated public event

-Short covering before a possible move to the upside.

Either way this battle can last a while but watch L2 this will be very obvious to the keen eye on a daily basis that is why you see some of the undercuts here trying to get people to sell into the bid.

[govprs]

Shorting?