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Re: SIBA420 post# 34298

Wednesday, 03/06/2019 9:53:37 AM

Wednesday, March 06, 2019 9:53:37 AM

Post# of 37220
MM's are able to "borrow" shares that way. That is how they build an inventory of shares and are able to manipulate and control stock movement. Personally I think longs "sitting on the bid" and helping push the stock price down so they can get a good price is really short sighted. It takes time to push a stock price up. When news comes out this will do much better at .50 or .75 than it will do at .30 or .35. Because the resistance will be at a lower price point and bargain hunters and mms's will be more effective holding the price down. I used to hit the bid regularly to help support the stock. Not anymore I just have stopped buying more shares because some people on this board will just sell into the bid or sit on the bid at a 20 to 40% discount. Their business but I am in this stock for its long term value and just don't get others with a long term view of the stock tripping over pennies when it depresses the stock. It plays into the the hands of the shorts and the mm's. Of course the inept management opens that door wide for them.

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