Monday, July 16, 2007
Late Day Thought
1. Warrant converts who didn't sell earlier.
2. Spec buyers loading up Thur-Fri hoping for news announcement, and then selling.
As has already been mentioned, we are most likely stuck in this range until an announcement.
Jeremy (the other Jeremy)
I am sure The Fly is hoping to eventually get some info with greater reliability from a different source (or better-founded info from the same source) -- and until then we will just have to make do.
Is this a trick question? If someone is selling, someone is buying. Correct me if I'm wrong.
Mr. Fly and his associates at Dewey, Skrewm & Howe will gladly refund the purchase price of your marketblog subscription and will give you a bonus free issue to "Stockmarket for Dummies" should you lose any money in the stocks he discusses.
Market makers are tasked, by law, to buy or sell a security- they make a market, hence the name.
Now if a stock is sold, there may be a retail or institutional buyer, or there may be no current buyer, and then the market maker will step in a buy that stock at what his bid is.
Similarly, if one wants to buy some MVIS, the ask price he gets may come from a retail seller, or from a market maker.
So while there is a buyer for every seller, and vice versa, he may just be pocketing the spread, and not hoping for a news announcement. Or, it could be someone building a position, retail or otherwise.
crude is not being serial. gimme a fucking b.
-- a new jeremy, aka, tehdrunky.
Also, I hear that the definition of gullible is written directly above your head, on the ceiling. Give it a look.
no, 1.1m sold mvis today nutsacka.
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