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kermit42

08/31/07 5:53 PM

#62778 RE: Peroghy #62775

Simple--no uptick. Those shares had to come from somewhere.

Retail sellers? Doubt it. Shorters? Maybe. Dilution? Maybe.
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Stratey

08/31/07 6:02 PM

#62781 RE: Peroghy #62775

The real answer is that no one can tell what were buys and what were sells by looking at L2 quotes. L2 quotes are put out by the MMs and do not necessarily show accurately all buys and sells.

L2s are not reliable people. That's the truth.