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lbdave

11/18/10 6:14 PM

#3584 RE: TeraDyne #3583

That's not necessairly correct. They are going to take the share price where they can find volume, and sell shares. They are creating the illusion of stronger bid support, and bringing the buying volume up to them. Naturally they can't keep the price high without buying pressure, but they are trying to sell as high as they can for their client.

They are only supplying support of about 30k-50k shares, thus allowing them to sell millions above that level... until someone hits their support....wash, rinse, and repeat