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Tuesday, March 20, 2007 1:56:12 PM
When I speak of MM's shorting a stock like INXR I do not imply there is a conspiracy theory here. MM's use shorting as a very effective trading practice to make money or to prevent them from losing more money. Right now I believe they are using it to prevent the stock from rising too quickly before they cover previous shorts or until they load up their inventory sufficiently enough for the big run. If you have watched L2 closely over the last few weeks you would have noticed that they DT the share price on much less volume than it takes to get an UT. Tells me volumes of what their intentions are. Like you said though, each his own. Have a great day and in the end INXR longs will prevail.
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