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xDREWx

07/23/09 3:42 PM

#146873 RE: Mingy #146866

Yeah, I don't know. Obviously they seem like very intelligent good guys... didn't know if it was the Co? Their arrival seems to coincide well with the 100mm -> 150mm buyback increase...

1. Company buys for a week
2. Hits the limit
3. Approves additional buybacks
4. Keeps buying

One of the mms has to be the co... do any others display the correct behavior?
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bldshy

07/23/09 3:44 PM

#146879 RE: Mingy #146866

I've seen them do exactly that. I agree 100%. They barely are on the ask more than a minute or two. Maybe they sell 10,000 shares or something, but they have been buying like mad since last week. When that happened, especially earlier on last week, the other MM's have to match. One 5 min. stretch the .08 days I think it was, they bought 2 different 1 million share lots. I have no idea the number they have gotten though, but it's had to be a decent amount.