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ChuckD-MSB

05/03/11 5:01 PM

#72594 RE: SATELLITE #72593

That was really strange, I some sell at .0025 while there were bids stacked at .0027

Looks like the last sale went through at .0028

Maybe somebody just wanted out of 5 million shares quickly.
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stang

05/04/11 6:46 AM

#72602 RE: SATELLITE #72593

what the heck was that EOD trading all about?


I'd heard some back-channel chatter that someone was looking to thin a rather heavy position, without an open-market S/P dump, but it looks like they decided to take their chances. I don't think it was so-much a lack of faith, but rather a lack of patience. You'll have to admit that our pretty blue-green stones have been gettin' a bit "mossy" lately. At least the volume added a little excitement, huh?...