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eyedoc3

01/25/10 3:00 PM

#14651 RE: 2012fund #14650

the .004 was only on the board for :30 seconds?? Do you think many shares were sold??
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Oldteck

01/25/10 3:08 PM

#14652 RE: 2012fund #14650

I don't think so, about those Fat Fingers:

NASD Rulemaking:

Accordingly, when inter-dealer transactions are not available, a dealer that effects a transaction in government or other debt securities with a customer and determines the mark-up or mark-down on a basis other than its own contemporaneous cost must be prepared to provide evidence that is sufficient to overcome the presumption that contemporaneous cost provides the best measure of the prevailing market price. In this case, factors that the Board believes may be taken into consideration for a mark-up or a mark-down include but are not limited to:13

2. Contemporaneous inter-dealer quotations in the security in question made through an inter-dealer quotation mechanism through which transactions do in fact occur in that security at prices that are reasonably related to the displayed quotations;

http://www.sec.gov/rules/sro/nd9761n.htm

Looks to me like the buyer believes we're going there. JMHO

Oldteck