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mrholty

02/04/11 10:46 AM

#3234 RE: BKfinancier #3233

Do you know if Appalossa is holding anything other than bonds. Any preferreds?

I enjoy following those guys.
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jmbell42

02/04/11 12:40 PM

#3239 RE: BKfinancier #3233

BKFinancier and others,

Do you think that this day-to-day shorting of the DIMEQ could be positions used by the MMs and others in the normal course of business to keep the pps from moving upward?

Is there any type of dynamic where that might be useful to other deep-pocketed investors? A sort of "controlled ascent" so to speak.

I'm don't typically suspect MMs of nefarious games, but are there instances when it's in the best interest of the market to keep an issue like DIMEQ from jumping all over the place by balancing things out with rolling short positions? I'm not familiar enough with day-to-day trading to ascertain if there are situations like this.

Thanks in advance!

Jared