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Sputnik

08/24/05 4:16 PM

#157720 RE: chevdawg18 #157717

It is more than likely dumping. Someone is very shrewd. Placing all of the sells right before the bell. What you are seeing is the posting of those sells, just delayed because it is done right before the bell.

tradewell

08/24/05 4:22 PM

#157723 RE: chevdawg18 #157717

So, for example, in today's trading, say that 40 million posted after hours was a buy, and that the selling MM was out of inventory, so he went to other MMs and bought his 40 million at 13 to make the sell. These transactions were posted immediatly and appeared as dumping, but were not. Then when the MM had his 40 million tranfered into his inventory, he went ahead and posted the 14 buy, but it was already afterhours when it became posted. Would it be something to that effect, thus keeping the trading down in the process. Why else would someone sell 40 million shares into a market when 95% of the days trades were buys? Just wondering.-TW