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SFGiants

09/21/09 10:34 PM

#30578 RE: Pennyprof #30577

the T-trade before this was only for 26k shares

xZx

09/21/09 11:16 PM

#30594 RE: Pennyprof #30577

that's what all the bears were saying at .01 and we launched from there up to .053... this is why i think short covering is possibly related to the T trades.

i've been witness to the same thing in other stocks. DP*W was a reverse merger a few years ago where T trades showed up several days before the run. MMs were shorting it, many of the longs bailed out at the last minute, and then the stock skyrocketed.

during all that, i watched the tape. i saw the giant blocks being loaded. that was my signal to add, not sell out of fear, and i'm glad i did.