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KrakenTaken

03/23/10 11:08 PM

#22768 RE: THECRAPSMAN #22767

were those 9m blocks coming thru on the bid or the ask?
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jonnyk64dplt

03/24/10 12:20 AM

#22789 RE: THECRAPSMAN #22767

was definatly MM. on the first one, a friend of ours had an order in for 1 mil shares at 4 and his order wouldn't fill even though there was one on the ask at 4. then all of a sudden 50mil (all 9 mil blocks) in volume goes through and we are at .0005. same thing happend a little later. someone had an order in at .0005 and it didn't go through, then he got 300k and a bunch of 9mil blocks went thru at .0004.

This is small MM getting out of the way to larger MM IMO.