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Alias Born | 09/11/2007 |
Thursday, September 20, 2007 4:56:27 PM
"Point taken but either way if night is sitting there and demand came in for shares i can gaurantee you he will run out of shares"
You can't guarantee that at all. It's called naked shorting, brother. You know, like when you sell something you don't have in multiples of exponential fairy shares which nobody in the Government ever makes you come to justice over...
What kind of fantasy land are you living in? The MMs let the prive rise a bit, then they short it like hell, and then they swing it down and cover... they do this in short bursts making 10 to 20 % each time, and then they play long ball om the shorting thing as well...
FTDs showing up on REG SHO for weeks now and you don't think NITE can just sit there and sell for as long as they like. They can and if it gets to obvious then they spit out a call to a crony who takes over at the wheel.
Holding is the only way to win, but you can only win if the company is real and not a penny phantom. That's where the DD comes in and each man is tested as to what they truly believe and how much work they've done.
I'm not giving any price predictions or valuations. I have some questions about revenue vs profits I'd like answered, but I'm certain this company is NOT a penny front pump and dump. I've spoken to employees at Wisebuys. This is a real company that is worth more than 3 cents. Of that much, I'm certain.
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