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Message: RE: Buyer Unhappy Camper?

RE: Buyer Unhappy Camper?

posted on Jan 19, 2005 07:23AM
IMO this is some sort of ``strategy`` by FLCR. They did the same thing last Wednesday, only later in the day, and joined several other MMs at a lower bid without lowering their ask. Last week, we stayed up around .33 on another MM, then dropped Thursday morning after typical ``news time`` (8:00-8:30) to the .285 range where we were till they pulled the plug this morning, FLCR seemingly in control in the mean time. I think they anticipate news, and expect it to be released on an EDIG Thursday (based on history). For some reason they drop out in anticipation (maybe not to reveal their hand? Otherwise you`d think they`d be a more active buyer in anticipation...). Will be interesting to see what they do after 8:30 tomorrow (if no news); jump back into controlled play or just linger.

But I KNOW nuttin`!

SGE

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