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Friday, June 27, 2008 11:34:38 AM
Perfect example? Right now, as evidenced by the MMs lowering
the bid/ask with very little trading, and using blocks of 5000
shares; I'm watching all the trades go thru, and I bought 11,000 shares.
After the purchase, 54,000 shares have traded, with 15,000
of those in blocks of 5000 shares, as posted by the MMs.
When I tried to put in an order at .0045, they changed the bid to .0045; when I changed it to .0047, they changed it to .0047, and immediately dropped the bid/ask.
This is manipulation in it's purest form, so go out and do you
homework/DD, instead of making false accusations that have no merit.
Naked short selling is an unchecked multi-billion dollar market, that involves, DTCC, MMs, firms, hedge funds, and
continues to happen; The SHO list is just the tip of the iceberg, and, until some one with enough balls will step up to the plate, it will continue.
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