Re: The problem with this daily erosion is
posted on
May 24, 2007 01:23PM
The MM's have control of this decline, no question. I'd bet the bottom is known by those doing the selling and the MM's representing them. My guess is $.42, but you never know. The gap was never filled as the last decline to these levels brought us to $.43, a penny above. I'd be very surprised if S&L sell this into the $.30's or below, and would be hopping mad because their greed would literally destroy the company.