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Re: Dr Bill post# 8112

Friday, 12/08/2006 7:04:55 AM

Friday, December 08, 2006 7:04:55 AM

Post# of 14027
Who said naked shorts?

Not me Bill, you misread my post - I said:

"I don't think that short covering can explain it."

Tax selling or capitulation can explain the sellers - the buyers are harder to account for. You talked up a P&D scheme on the PRs but they are LAME PRs and the large volume trades ramped up 3 days later. Your PR & printing theory is just as bad as the NS paranoia.

Dumping would drive down the price. Even though 10 million shares have traded in the last 6 sessions the price hasn't collapsed. I agree with most of your points but you're wrong about PR buyers.

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