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Imperial Whazoo

09/13/08 12:14 AM

#57303 RE: songbirdia #57301

Try this explanation. Somebody at some trading desk somewhere where they have direct access to very low latency trading wanted to pick up 50 or 55 million shares. They figured that if they waited till the last minutes and executed at the ask, they would NOT run the price up and thereby limit the increase in cost that might have otherwise occurred had they staged their buys during the day. Less time for those likely to raise the ask to actually do so. AKA... this was deliberate and intended and planned and so forth. And it did not involve either of our infamously prominent mirrors: the guy was not steering looking at the past, driving into the future making kissy-poo with th past by driving (or attempting to do so LOL) looking in the rear-viwew mirror. And it also did not involve the.... the.... the (a shiver runs down my spine just uttering the words) mirrored trades. :o)

So, its like..... maybe, just maybe, somebody changed the channel and tuned out the static and plunged ahead, purposely picking up shares in a very intentional way.... how they say in America.... Accumulated them.... yeah, thats the expression all right!! LOL

Imperial Whazoo