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senderos

09/17/07 12:55 PM

#5682 RE: rheddle #5681

Early on today, there were lots of trades as .025, when the bid was .025.
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addison511

09/17/07 12:56 PM

#5684 RE: rheddle #5681

oh okay, yea i thought red meant sell
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Sola Fide

09/17/07 1:03 PM

#5685 RE: rheddle #5681

I concur....L2 trades really only offer an idea of what the B & S action is.
Some traders have indicated they have end of day buy & sell stats. Either I havn't found that source or it is not available?
The delay is well....
What I don't really understand / like to see is that there are 3mm on the ask at .025 and obviously plenty of shares available in the .025 price point. This just doesn't make sense....where are they coming from. Who is selling, it would be absurd to think NS....can't be that dumb when news is pending?!
So...Who & Where, easily enough they could have been selling these shares in the .03 price point this morning to folks anticipating the PR.
Why didn't they? Why are they willing to sell here? Why are they Not increasing the ask?