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Darth Trader4

03/02/07 4:33 PM

#44478 RE: burb #44477

Agree with that.

Since there is no volume, any buyers who have any sense are trying to sit down at or below the bid and see what happens.

Smart buyers are patient, and IMO we are at a standoff here. The pressure is not on to buy yet, but sellers are unwilling to sell... and so, we wait until the buyers feel the pressure enough to up their bids, and some sellers start to feel like maybe they're happy with what they get (with the upcoming date in mind)

IMO, the frenzy won't start right away next week, but as we head into the latter half of the week, things will heat up.

Other variables to consider -

If A-trade lifts the restriction, things should happen faster.

If MT was waiting for the A-trade situation to resolve itself before beginning a buyback, then that could also soon become a factor. (It makes sense that if there was a "special" client of A-trades who was short and needed to cover, and MT knew this because of their refusal to pony up the shareholder info, then he would most likely wait until that short situation was covered to begin the buyback. No need fighting covering shorts for shares.)

There are other factors as well, including the market sentiment overall, but probably negligable when approaching a date for audited fins.