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Chas126

04/14/11 9:08 PM

#19184 RE: GemSeeker #19183

Thanks Windchime ,glad you had the chance to see some sights while you were there . 200k and holding , thank you too wakl

Outlaw

04/14/11 9:14 PM

#19185 RE: GemSeeker #19183

Great post...very important info!

Buckeyefan

04/14/11 9:17 PM

#19186 RE: GemSeeker #19183

Very interesting that there was that much short interest today. Not surprised at all with the way it was trading. I knew that NITE was short all day.. I love it. They wanted a sell off and couldn't get it! I have a pretty safe prediction.. By this time next week, I predict the PPS will be higher than it closed at today. It's probable that it will be much higher. :)

davidsamuel

04/14/11 10:56 PM

#19207 RE: GemSeeker #19183

Hey Gem, how can you tell that there was some MM short positions covered today? All I can tell from this is that there was a net increase in the short position by approximately 105,000 shares. This kind of suggests that the MM's are hedging their bets that there will be a drop in the pps in the coming days.

davidsamuel

04/14/11 11:16 PM

#19218 RE: GemSeeker #19183

Also Gem, do you know why FINRA's stated total volume for today of 344,593 is 7,600 shares less than the actual stated of 352,193. You provided a good post. I'm just trying to understand what the numbers mean. TIA. :)

Fernace

04/15/11 5:22 AM

#19227 RE: GemSeeker #19183

Thanks for the info Gem.

MM are whores. No difference.

sctts

04/15/11 5:31 AM

#19228 RE: GemSeeker #19183

So as I watched the price drop yesterday the fact that buys outnumbered sells 2 to 1 reassured me, and it was actually shorting of the stock. So when the stock gets shorted, is that transaction listed as a buy or sell for the day? I'm gathering it is listed as a buy and thats why the buy volume was so high?