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Re: Guardian post# 719

Wednesday, 10/17/2007 7:48:27 PM

Wednesday, October 17, 2007 7:48:27 PM

Post# of 3056
The other thing to note is that the discount that NITE is offering is now pushing 60%. It should be illegal but it isn't. If this is an orderly market maintained by the marketmakers then I'm the Dalai Lama. The word unscrupulous comes to mind. This is simply an orderly destruction of a companys' potential (perhaps with the approval of some insiders) . It isn't morons at work Guardian but rather selfish and greedy manipulation by quite intelligent if unethical people. They should be ashamed but are probably buying each other drinks at the moment as they celebrate. I've seen it in person. There is no morality in this game.
Now that NITE has sold it down they have slid in behind other bids at 3 cents. We are now completely at the mercy of the market and the market knows because it doesn't appear as if the company can defend itself.