Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

I am not implying anything. I am stating for a fact that the price per share is the result of naked shorting. By virtue of the fact that the stock appeared twice in 2007 on the SHO already proves that naked shorting can and does occur on this stock. There have been numerous instances where trades have occurred "ex-clearing" on DKAM meaning they occur outside of the DTCC's settlement process so they won't show up on the SHO list. The majority of the naked shorting was done to drive down the price so that an actual short position could be covered. Problem is that if a hedge is short a large position on DKAM they may not show on the list of shares shorted since they don't have to file their trades or activity anywhere.

The biggest problem though is the right hand to left hand action. NITE has shares whether naked or not that they are selling to themselves on the bids and have been doing so for almost two years. Before that it was SBSH and ARCA where the bad guys were hanging out.

Find out why SBSH and ARCA pulled out and you'll probably find out more than you care to know about the past.

My contention is that somebody, and probably a hedge, wanted to or started to build a large position on DKAM and when they ran into NITE NOT filling orders or blocking the movement to the point they were suffocating the stock, they pulled out of the stock. Net result is SBSH and ARCA went with them.

When you look back on the parabolic run DKAM had in early 2007, there was little resistance to its movement higher. Now look at the past 6 months where so much more good news is on the horizon and the stock is less than 60% lower than it was then.

Just look at what has been happening. When someone comes in to buy 100K of stock and they want a fill they may take the current ask and a penny or two above the ask. In any trading situation, a trade like that will take out the current ask supply and then move to that limit price from the order with the remainder of the shares to be bought making up a new bid where the previous ask was. That does not happen here. Ever. Add to that months and months last year and this year where a trade would cross on the ask and immediately the exact same number of shares would hit the bid. That is trade mirroring and is naked shorting.

That's proof enough for me that somebody has an agenda. It will be interesting to see if they can keep it under 50 cents as the hottest stock in the beverage sector, well, basically forever.