market depth bothers me, page-3

Soul_surfer, if you review the top 20's since April this year compared to last report at end November there are no significant changes to the downside. Below a few examples:
Citicorp -532596
NationalNom 5737413
HSBC 5025055
JP Morgan -962432
JP Morgan 1380000
Uramin 0
HSBC 0
Giralia 0
Geohen 0
Bartley 0
Etchell 0
ABN Amro -612412
Etchell 0
Sullivan -890000
Simner -640000
Yuryevich 1500000

baglimit may be right, this is being played with a lot. The CSPA every day has been bobbing and weaving; making sure the SP closes down etc etc.

The other theory proposed by kiril in the other place is that the recent CR with free attaching options would have had the insto/s that were involved selling the heads to recover (partly) the investment, then ride the oppies free carried. Monitoring the volumes issued vs traded since correlate rather well to support this idea so far.

I don't think this is anything to get too concerned about.

In another 100 days we'll have the SML and likely also funding sorted.....