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Re: skeen post# 10471

Thursday, 05/10/2007 5:06:27 PM

Thursday, May 10, 2007 5:06:27 PM

Post# of 107353
one thing to consider is that this dip was "brought to you by" SPLN and ARCA. they were the MMs sitting on the ask at .46 when traders (only a moment earlier) had been pounding the ask pretty hard at .485.... and their plan to "create an orderly market" shook quite a few shares loose. i'm of the opinion that the next run at .60 will bust us past that level. uptrends here gather a lot of momo, indeed. ;)

here's that episode of manipulation, just in case anyone forgot and figured it was a "bid whacker" that got us here. yes, a few whacked the bid eventually, but only after a little panic was created first:

http://www.investorshub.com/boards/read_msg.asp?message_id=19355613