yer' supposition is dead wrong, the legitimate 3, 4 or mor Market Makers will be providing the necessary liquidity to the buysider (Institutional investors) and also retail investors, there won't be alot of overnight postion carrying intially as Market Makers get used to the trading pattern of the stock. The action today is all the non registered B/D's who won't want to add the name to their trading book are covering, mixed w/optimistic buyers~