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RDG013

07/24/09 7:01 PM

#28511 RE: ValueValueValue #28509

FYI, neither of my small buy on the bid test orders filled today. Small orders of 20K and 30K sat there the last half of the day at the .0071 bid and did not get taken. I guess I could have put them in without an AON, but at the same time, I was only testing to see how active the MM's were with allowing buys on the bids. An order as small as 20K would have been bad enough to pay the trade fee on, but with my luck, I would have ended up getting a 5K fill and be done and have to pay for that trade!

Anyway, not sure if anyone reads what I read into my test. My take is the MM's are not too willing to NSS and fill orders right now. if they were doing that, an order as small as 20K would be swiped right up imho.

ABIGIDIOT

07/24/09 8:26 PM

#28519 RE: ValueValueValue #28509

i'm not sure which is more difficult to envision at the moment...


the fact that .10... a dime.... is 15 bags away at this juncture, or the fact that .02........ (perhaps) by the end of the yr. is anticipated. actually, i think the latter of the two is more of a morose thought, since we last touched that level, was back in the middle of may.

and mind you, with all the good d.d. since then, by members who have visited the mill and proffered their wonderful, yet, unverifiable findings, and some... (great) p.r. by the company.

and, this much further close to revenues, well.... chronologically, at least.