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Thursday, September 20, 2007 4:35:40 PM
NITE sat on that ask at .25 for over an hour when there was ASK stacked up behind no lower than .027...
The stock has been on the REG SHO list for about a month. The MMS are shorting it and taking care of each other.
If people want to flip, trade etc, that's cool, no problem, but don't believe for one second that the MM overlords aren't causing mayhem. It's what they do best and they profit from it.
To say otherwise is at best naive, and at worst part of the MM manipulation.
And it's important for people to know that they are making money on these swings. It's a rigged market for them because they know beforehand just when it's going to go up and when it's going to go down in the short term. The only thing the MMs can't be sure of is HOW BIG THE SWINGS WILL BE.
That's up to us and whether we panic or not.
So people need to understand that the only way to beat them is to know when they are messing with minds and to not be effected in the short term.
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