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The Rainmaker

02/23/10 12:09 PM

#15452 RE: carbonic44 #15451

Possibly......but I must add one thing to that...I have to call and yell at my broker to get my buy orders filled and to get my bids shown almost everyday here now. They really don't want me buying more TDGI for some reason. It wasn't like this until recently....Had to escalate it to a supervisor today with my broker. Gave me some BS new policy at the trading desk about not re-routing my orders away from Nite to get better fills or to be shown on level 2.

Engineerbl

02/23/10 12:12 PM

#15454 RE: carbonic44 #15451

Settlement and Short aren't the same thing, nor do the numbers even back up this theory.

In January there were 53,524,023 shares shorted per that list. Other than NITE there were approx 42M shares traded in January by MM's. That means even if EVERY transaction by those other MM's were with NITE (the only way to get the maximum number of transactions with 2 different MM's) you'd still have 11M shares short. Then when you consider that you aren't going to have NITE involved in each transaction with those other MM's it only increases that number.