gekko13

Explaining Bear Stearns' Current $7 Price

I don't know much about stock trading technicalities like the rest of you, but what I DO know is that BSC has 136 million shares outstanding, a float of 115 mill, yet it had a volume of almost 167 million yesterday. Meaning shares traded hands more than once. Do I smell the influence of just your average run-of-the mill day trading here? Ah...the great Ponzi Scheme strikes again!