I have been watching the trading today and I get the feeling that we are finally seeing the last shakeout of the weak hands. Jitney, Anonymous, and ITG are very active working all the smaller trades and Dundee has been accumulating larger positions and crossing them to other Dundee accounts. maybe I am reading too much into this, however if I have finally figured this out, the only weak hands left will be the investors that took out a credit line at a low interest rate to benefit from the 10% return on the debenture. IMHO Dundee has done a great job working their way through a mountain of new liquidity during a time of market uncertainty that has put traders in the drivers seat. I know there are a lot of warrant holders out there that were hoping for a windfall, however business is business and sometimes it does not appear to be a fair playing field.(IMHO it isn't fair). So IMHO all of us that bought into the SGR story can now leave all the "shenanigans" behind and feel comfortable knowing that good news will no longer be a selling opportunity for those that held the 27 million warrrants and debentures.

The disclaimer to my post is that I have only been at this for four months and I welcome any critique to my assumptions as I always have my eyes and ears open to a learning experience.