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maroc

04/14/10 4:06 PM

#9217 RE: twpcopper39 #9214

ARCA is MM (Market Maker)

15for2

04/14/10 4:14 PM

#9219 RE: twpcopper39 #9214

an ECN market maker,
electronically controlled network, they had an ask size of 30,000 before the close, they stepped ahead of DLNY, and way more than 30k went off at .148, so they were selling(shorting) to hold the price at .148, manipulation no doubt.
A .15 close would've been really bad for the last bunch of shorters that came in and after .10, but it won't matter, if this buyside volume continues then SFMI will go up regardless.