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Thursday, September 20, 2007 2:33:40 PM
NITE at .025 ASK, and below that it's .027. NITE is just sitting there for 47 minutes. And you don't think there's a short panic in the area.
The MMs are creepy, we all know that, but they don't usually act as blatant as this. 47 minutes on the ASK. This is so bullish, it's scary.
You are witnessing a text book non free market intervention via the manipulation of our stock market. Behold it.
This is all of the problems with America in a nutshell. Free market? Free speech? Free country?
I don't know, people. I don't know what we're going to do.
We've got a wonderful company here that employs people, and has created a very solid franchise. And on the other hand, we've got NITE sitting on the ask for 47 minutes on a crucial day in this stock's history.
What can we do about it? Well, writing to the SEC isn't gonna do crap. All you can do is BUY and HOLD, but that, as it turns out, is also the best thing you could do, and the thing which will hurt our adversary the most.
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