If they pull that big block shielding the rest of the book, you would see the price drop to 37s
only thing holding it up is that big block sitting there.
Wow now they are trying to keep it from breaking 38.
Huge multimillion orders from UBSS and NSDQ sitting on the bid.
I guess it would be embarrassing if it closed under 38
What percent of the entire treasury stock are they dumping on the markets? Usually they only put out 10% or less of total shares just to get people to fight and pump the price up so that the insiders could dump later.
It is not priced in fully. Because Hope is still priced into the stock market, Hope of some last minute miracle.
When Greece defaults, Hope gets priced out of the stock market and then you will see a big drop.
Hope and a Prayer is still priced in right now.
http://www.msnbc.msn.com/id/47458196/ns/us_news-life/#.T7Tlou1T38s
WASHINGTON â For the first time, racial and ethnic minorities make up more than half the children born in the U.S., capping decades of heady immigration growth that is now slowing.
Because they print shares that are handed to insiders who then exercise and dump on the market.
Microsoft prints shares like the FED prints dollars. so common shareholders lose. Also microsoft likes to blow billions on acquisitions that have to be expensed away. i.e.: Danger acquisition...
Thats what I am thinking. ECB just needs to do what the US is doing and print out the debt. And for Europe if they have a cheaper currency it makes them more competitive in the global economy.
If europe gets cheap, Americans will flock to europe and spend money.