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smittygoodcall

05/02/10 6:50 PM

#57064 RE: bigskyinvestor #57035

From what I understand of t-trades...they are just trades that are posted at the end of the day. they can be several trades bundled together or one really big one, etc. I don't know if the MM's can hold these trades back to try and influence the price one way or the other, but if I had to guess, holding trades back at the .029 level would seem to indicate that they were trying to stop the price from running at a particular point in time on Friday. As Bigsky said...we will see tomorrow.
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rsinvestor

05/02/10 7:01 PM

#57066 RE: bigskyinvestor #57035

It sounds like that trade was a delayed trade, recorded after the close. This happens to many stocks, and it is usually associated with large orders that get filled over many smaller trades through the day. Typically institutional buying/selling on the big board stocks. There is no way to know where the market was during the trade, so it could be a buy or a sell. Either way, it's a huge position.

RSInvestor