InvestorsHub Logo
icon url

was StockSniper

12/19/07 10:31 AM

#45590 RE: srloan #45580

IMO.....what must have happened was that the MMs had a lot of inventory due to the recent selling...and lack of buying.
The MMs must have had a lot of shares to unload.....and when the sp didn't do what we expected yesterday.....some traders thought there was something we don't know happening....and dumped their shares....which further agrivated the situation.
I don't know how else to explain this??
1.21 billion shares were just retired for goodness sake!
All I can say...is....I'm not selling. Time will take care of the game playing.
SS