Thanks again, Jack.
For the day, 123,900 shares picked up at the offer and 40,000 dumped at the bid. (It's times like this that if you be selling, you need insurance because you be in the minority.) 44.5k in blocks at the offer, 18k in blocks at the bid and 31.5k in blocks in the neutral zone. It's days like this that I believe in the invisible hand of the market. Between 10:30 and 12:40 there were 28 trades at the offer without a trade at the bid. Reluctantly, the MMs upped the bid 3›. It's intersting tho that during that time, 40 minutes apart, there were 2 blocks, both 10k, that split the range.
Taking my statistics back to February 26, we have had 827.5k shares trading at the offer and 611.2k shares traded at the bid. That's 14 days trading altogether. Let's takeover Meyerson!
WH |