Re: Time & Sales - Wednesday 10/28/2009 Vol 236,840
in response to
by
posted on
Oct 28, 2009 08:19PM
I just wonder why NITE feels it necessary to short EDIG to lower the price.
Unless...
1. they know there was a seller ready to dump shares... and wanted to scare others into selling;
or
2. they have a large order to fill, and it's easier to scare 'fast money in and out traders' (awaiting the ASM news) into selling on a drop than to acquire shares at a mich higher price (on a percent basis).
Correct me if I'm wrong, but this quarter's filing will have just one settlement amount listed.... and this will be the 'moment of truth' as to how much the patents are worth.
I'm thinking we will all be (very pleasantly) surprised.