News Focus
News Focus
icon url

barefootrunner

03/02/10 4:26 PM

#265 RE: crammerfool #264

Curious as to your reasoning on this. Are you saying the MMs were only letting small blocks through on the bids and then matching them on the ask to keep it within a tight band?

The other possibility is that it is being shorted. The short interest on this has been growing lately, although it is still a very small percentage of the float.
icon url

robert30

03/02/10 6:50 PM

#267 RE: crammerfool #264

Crammer,
I agree with you. Watching level 2 MM ISEG is always on the bid buying large amounts. Whenever it runs he sells small amounts to keep the lid on it. Seems to be heavy accumulation. Interesting to watch. It's like they are trying to discourage retail buying for a few more days. Waiting for that bottom bb to catch up>

shawn