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jimblob

02/09/11 11:43 PM

#94251 RE: ActivClient #94248

All I can say is that during that 4 month period there was some value in the pps. It traded up to .0018. Now, here we are. For whatever reason I have noticed over the last 3 weeks that the MM's stacked 8 deep on the ask. Not budging. Hence, the very low volume days and decline. Today, as we all witnessed, the volume came. It does not make sense to me that when the accumulation line has been steadily increasing for months that a pps responds the way that it has. Which leads me to believe the MM's orchestrated this drop. Call it crazy, but the trades that I saw CSTI absorb on the bid tells me that they and others were loading up or covering.