Keep this in mind from lowtrade.
I agree, still highly manipulated by the MMs. They are heavily accumulated in this PPS range and can't wait forever to take it up for the profit run. With all the pissing and moaning going on, they may walk down a little further, but if they don't let it pop, not enough retail will be around to help out the run.IMO
Posted by: lowtrade
In reply to: abbytraderwin who wrote msg# 10544 Date:11/9/2007 6:31:38 PM
Post #of 10652
abbytraderwin
The big guys have shown their accumulation level the past week. low 2's. Matter of fact millions & millions & millions at 2.
My guess is they are afraid to take it lower. They understand, they could cut off their own foot, if they scare everyone following it. Just hope they know they could bore them away also. LOL
I just don't see any logical reason to hurt their own odds for an eventual profit run. Or a reason they would want to hurt the company. After all they own a HUGE amount of stock in the 2 cent range now. They already sold the shares they held below a penny.
But I have no real idea what they are waiting for. This bothers me, greately!! IMO they are over due, but maybe they continue to hold it down, with some help from their M&M friends & continue to accumulate because it's Soooo easy.
My problem with that is, they may just force many to get tired and loose interest. It's starting, people giving up and just moving on! I'm getting close too.
That could really hurt their play. The main thing IMO, is as long as M&Ms can continue to keep the volume up, for themselves & close the favorite clients muli million share accumulation daily, why not continue to accumulate & wait.
The thing to remember is the IHUB board is NOT the retail world!!! The merger completion was reported Wensday, when found in the local news. But the gap up didn't happen until it hit the wires!
Today showed the big guy reserve about this. The run was stopped quick. The hold went for hours, with only several million share trades in the 23/4 range, during that hold. And not much else. IMO the EOD pull down was all M&Ms & the million share trades were accumulated on the first order book until they could close the favorite clients block orders on the open market, in between, during the hold.
I've been watching this stock for 2 months now and I never saw volume stop so long, except for huge block trades. This is sick!
Had to be the broker/dealers holding their broker book, to be able to close the million share orders. Just NO way they found a order match for 1 or 2 million, that had a (AON) and couldn't find matches for 50 50k orders!!! The manipulation there is unbelieveable!! IMO
We'll see, but after the way the big guys have treated retail this week. They may have to work real hard to get their profit run going. Too many just won't believe any run start, after this week.
I don't know what to say. I am already past my normal time limit to hold a swing. These guys are pissing me off. LOL I hate to bend my rules, but I'm still green. And they have to sell for a profit some day. LOL
AI
