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Slyhunter

12/08/05 8:21 PM

#992 RE: SeriousMoney #987

I saw someone via arcaex continously place hundreds of millions of dollars worth of stock for sale at the ask dragging the price back down to 7.42. What moron doesn't put those stock for sell at 8. and simply sits back and waits for the stock to climb up to them. Something that would've happened without those big sales. The volume was enough to drive it up versus retail traders. Some MM was messing with the whole deal.