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Message: Re: Analysis? - MMs at work

Feb 29, 2008 06:12AM
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Feb 29, 2008 06:39AM

Paul,

I don't know why you think that money managers are trying to manipulate the stock.Someone sold close to a 1/2 million shares earlier.If this was a mm then he lost money! The sp has come back from 2.90 to 3.14 on small volume trades not the mm type .I think a lot of people were expecting the sky and because they didn't get it got scared and sold .More sober thinking brought it back.All very typical in todays world.

This story will build over time and there will continue to be volatility after any news,good ,bad or great.I really have trouble with this often blamed mm theory. long kxl Rico

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Feb 29, 2008 07:54AM
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