Tuesday, November 14, 2017 11:34:00 AM
As far as the mm's are concerned, in their eyes when the numbers are right, the stock will be right. Then they'll take their hands off the lid and the thing will run. Haas, the fins, the contract controversies, none of them have much to do with the latest smackdown.
It's pinkyland, folks. There are no rules at this level. Years ago the SEC took a hands-off approach and gave the big banksters and mm's control over the tides. Boats rise and fall when they say so, not before.
In other words, today's 'free market' among the pinks is as free as controllers want it to be, so don't fall for any spin reasoning that says otherwise. Just suck it up and wait here in heavy traffic at the intersection till the light turns green. Yours truly has been in the market for nearly twenty years, and has seen the dramatic operating changes. This is not complicated.
There. Someone just laid out the no-spin truth. Isn't it about time someone did?
Loyal
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