Wednesday, June 25, 2008 7:35:04 PM
you wrote-
Not trying to fight either but i think believing that PERT is simply selling shares for someone is crazy. They killed the market they were selling into, why would you do that? My guess is if you 1.5-2m to work with you could do this quite easily. Might not even take that much. Basically you just sit on the ask and choke the stock until you get it to a level where panic sets in, people start to say "get me out of this thing" and they can cover a good chunk of their positon quite easily. Then in increments on the way up. Odds are you wont have a lot of people fighting you on the bid because the retailers will be asking themselves how it could have gotten this low and where the bottom is etc...
you really think its crazy that they are selling for someone?
what someone would have that many shares?
why would you do that?
what if you didnt care what happened to the stock? what if you wanted to see the company fail or at least cause them some problems and didnt care about the end results? what if every share you sold was profit and the price didnt matter?
what better way than to instruct pert to sit on the ask and choke the stock, in the meantime F.U.D. takes care of the rest
i have been giving it a lot of thought and think the sooner we give pert what he wants the better off we will all be as shareholders, because imo the company is stronger and better than ever and the shares pert is selling are limited .
today was a classic example of how the market maker is in control . everytime he dropped the ask retail fell right into his trap and started bidwhacking
the best ammo dpdw investors have right now imo is to show pert our confidence and that we are in control of dpdw by meeting his sell price and removing him from the ask(JMHO)
Not trying to fight either but i think believing that PERT is simply selling shares for someone is crazy. They killed the market they were selling into, why would you do that? My guess is if you 1.5-2m to work with you could do this quite easily. Might not even take that much. Basically you just sit on the ask and choke the stock until you get it to a level where panic sets in, people start to say "get me out of this thing" and they can cover a good chunk of their positon quite easily. Then in increments on the way up. Odds are you wont have a lot of people fighting you on the bid because the retailers will be asking themselves how it could have gotten this low and where the bottom is etc...
you really think its crazy that they are selling for someone?
what someone would have that many shares?
why would you do that?
what if you didnt care what happened to the stock? what if you wanted to see the company fail or at least cause them some problems and didnt care about the end results? what if every share you sold was profit and the price didnt matter?
what better way than to instruct pert to sit on the ask and choke the stock, in the meantime F.U.D. takes care of the rest
i have been giving it a lot of thought and think the sooner we give pert what he wants the better off we will all be as shareholders, because imo the company is stronger and better than ever and the shares pert is selling are limited .
today was a classic example of how the market maker is in control . everytime he dropped the ask retail fell right into his trap and started bidwhacking
the best ammo dpdw investors have right now imo is to show pert our confidence and that we are in control of dpdw by meeting his sell price and removing him from the ask(JMHO)
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