i'm convincedI'm convinced that the ITG / Anonymous selling is an orchestrated short selling effort by a hedge fund or aggressive portfolio manager ..... and its almost EXACTLY the same pattern that we have seen two or three times now with this stock.
As an ex institutional trader, the pattern of selling is very recognizeable. The selling is not reminiscent of someone with a long position trying to maximize their exit point. When you are a long seller... you dont put up huge blocks of stock on the offer side at progressively lower prices... if you are trying to entice buying and to maximize your exit price.
The past few times we have seen this pattern.... whomever was doing this has been right. They have set up a big short position, and obivously been able to cover at the financing. With any luck, and if we really do have deals imminent with cash, and enough good news to continue to march the share price higher.... we will see these guys flushed out and squeezed...
absolutely no question in my mind, that is what we are seeing here.... its setting up for a great squeeze on any kind of positive.... TEXTBOOK STUFF