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Re: DoDahMan post# 966

Thursday, 10/26/2006 9:56:45 AM

Thursday, October 26, 2006 9:56:45 AM

Post# of 11340
One other trick that seriously short MM's and hedgies will do when a company issues a strong PR. The stronger the PR, the more aggressively they will do this. They will immediately bang the hell out of a stock down as soon as the news hits. I don't care if the PR is a buy out at a big premium. They will still knock it down. They do this because they want to create doubt in the minds of the investors who read the PR and feel that it is good news, or in the case of a stock that has had a big run, give the impression that the traders who have bought in anticipation of news are now selling on the news. Whether true or not, it is the perception of doubt they want to create. In other words, the want to "make a sows ear out of a silk purse". Now I am not aware of anyone here who is buying this stock in anticipation of any news. At least I haven't seen any posts addressing that subject. So hopefully the majority of the buying here is to lock in some cheap shares for the long haul. Just like Kingguy said yesterday. Holding this stock for at least a year cuts the tax rate to 15%. But eventually the Company will issue some news. When that does happen, I just want to warn you what tricks might happen. BTW, just like in the trick in the prior paragraph, I am sure you all have seen this stunt in other stocks that you have been in with a big short.

"He who gets wisdom loves his own soul..."