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Det_Robert_Thorne

11/20/12 11:10 AM

#52147 RE: NavyMSU #52144

Players may be gone, but "price managers" aren't

We're still seeing the "tag team" effort from whoever is using UBSS and ETRF to drive the price one way or the other running their accumulate, raise, dump, short, drop, cover, accumulate, etc cycles.

Right now, they're running it down to complete the cover phase then initiate the accumulation phase, and that's why ETRF is/was showing over 300K on the ask as a visible block to any potential advance.

ThomasAn

11/20/12 11:25 AM

#52156 RE: NavyMSU #52144

Agree with most of your points. It's a grounded and realistic analysis.