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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (108432)	3/7/2008 6:37:20 PM
From: Peter V	Respond to of 306849

86 million shares today? How'd they keep the price over a nickel?

To: Think4Yourself who wrote (108432)	3/8/2008 10:39:56 AM
From: Robohogs	Respond to of 306849

Check out TMA - also had a similar spike - went from down a good chunk to up also. I cannot believe a 15 million share block vs. total volume for day could do this. I assume a lot of happy buyers will sell into on open Monday. Unless a short squeeze happens first. In AH, there is 1 1 MM share block showing at 4:04 or something like that. I would think that would be the closing block but it is not for the 15 mm number. Bloomberg has an article on this stuff by the way. On ABK, even if you believe the adjusted book crap at 30 bucks, I get 1/3 x 30 + 2/3 x 7.50 = $15 revised adjusted book IF the good case works out. Jon