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Tuesday, September 26, 2006 10:24:08 PM
seeing the action that goes on on that L2 level what specifically are the MM's doing in holding that price down? walk ups..walk downs..what should normally be happening vs. what it is that's actually seen? You'd think that normal pressures would make them head north rather than holding up the price. If they're trading something here they're not gonna have more inventory until they've raised the price to induce selling.
from who does sljb learn that there's 200-300 million shares when they bought the lwfk shell? especially if naked shorting is illegal? who are those overseas hedgers that can short a penny stock...i assume the mechanisms for shorting that same stock here don't happen except as it's speculated that MM's just go short by not even delivering anything.
when,where ,how..do the MM's proceed to cover?
sorry for all the questions...but i'd love someone here to just spell out EXACTLY what is going on in terms of price manipulation.
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