NetList Inc (NLST)

[choo choo trader]

Did anybody get stopped out in today's MM manipulation? Looks like Market Makers might have push the stock price down just enough to hit stop-loss orders. This selling pressure then creates a chain reaction, leading more investors to sell their shares and more stop loss orders filled. MM's are constantly looking for stacked stop loss orders in a stock and when they find them, they pounce.
Once the price is pushed lower, market makers can buy shares at a reduced price. This is advantageous for them as they can benefit from the price rebound once the selling pressure subsides. Give NLST a few days and she will recover barring any bad news. IMO The moral to this story is don't set stop loss orders in an OTC stock.