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bearblast

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bearblast

Re: bly03 post# 3391

Monday, 07/10/2006 11:12:34 PM

Monday, July 10, 2006 11:12:34 PM

Post# of 38056
bly03: NITE was controlling both bid and ask, at the same time, most of the day today. This created a narrow range of .015 and .016. Do you know why they did this? Who tells them to do this? Do they need to buy real shares to cover naked short positions before the share price runs? They seemed to aquire this stance once the share price drifted up to .017 (+18%).

Just curious and you seem knowledgeable on the topic. Thanks.

Peace.


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