LPS5 - Yeah, the "contributors" on Yahoo's ASTN thread really know their way around the trading floor, if you know what I mean.
Of course, mistaking a "Bid" for a Form T execution is one thing, they of course got it wrong. But I quite agree that, even if 5,000 shares had been executed at 0.94 (out of 32,000,000 outstanding shares) I personally would not have seen it as a massive divestiture of large block holders of the stock. LOL.
Hey, nice to see you still lurking -- probably just want to see if any of the Yahoos want to take up the gauntlet again and try to engage you in a heated argument, huh? You got time for that kind of sport?
BTW - Any news about Liquidnet's volumes since their Day #1 results? We in ASTN-land don't know quite what to think these days - I have always been of the view that there is more than enough institutional trading volume to support the regular market and a variety of ATS systems profitably and have been patiently waiting for this company to roll out the various aggregate components of their system. But as we wait here for the final integration of the Reuters InterTrade Direct linkage and the three buy-side institutions euphemistically referred to by the company as "literally the biggest of the big (BOTB)" -- and two other similarly huge money managers I call BOTB #2 and BOTB #3, but whom they call "list players" -- and for SEC approval the NASDAQ 150 (still under regulatory review by (sigh) the SEC), NASDAQ approval of Croix's operation of eCLOSE (which is Ashton's market-on-close system working off the iMATCH trading platform eVWAP uses) and for Canadian and Far Eastern (TSE and HK) operations to launch, it is enough to drive even the most patient investor crazy. So you see LN's day one results and are compelled to say "hmmmmmmm." Been awfully quiet there since Day #1, though.
Anyway . . . . . take care!
MST |
