InvestorsHub Logo
Followers 12
Posts 1223
Boards Moderated 1
Alias Born 07/15/2006

Re: MWM post# 238

Thursday, 11/02/2006 10:28:51 AM

Thursday, November 02, 2006 10:28:51 AM

Post# of 6752
I know what the MMs are doing. They usually bring the bid down (So as to grab few cheap shares), which then scares the weak investors, who then sell their few shares. Because the float is way too low,the % drop would then look big, then the other weak hands sell from fear. Now, because this METP was not on the hand of the MMs when it started moving, they missed out. Now they want some of the shares because they know it has potential to move above the $1 range as soon as a merger comes through. Remember, we expect one by the end of the year, which is just 2 months away. I like my METP and I'm sticking with it. If I had done so a few months ago, I'm now probably be retired for good.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.