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Re: DOLPHY post# 27708

Wednesday, 04/04/2007 3:29:55 PM

Wednesday, April 04, 2007 3:29:55 PM

Post# of 143047
There are abundant penny flippers that just look for momentum. They will rather sale for loss, than hold thru a dip. They will then buyback at a higher price if the chart says it is going higher. The MMs are playing this aspect to cripple the chart prior to symbol switch. When they are finally forced to cover their shorts in the certificate exchange, they are at least doing it a lower price.

Such is the games. I just try to take advantage of the dips on this type of play. Market cap now under $5 mil when it should be $30-50mil market cap right now. In a play like this, the big winners are the longer-term holders....not the flippers.