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Wednesday, August 27, 2008 3:32:11 PM
I've given it some thought, and I think this manipulation we're seeing likely has something to do with DNAG being on the Naked Short List for 13 consecutive trading days. I mean, there is an ongoing failure to deliver in shares that were sold short, which essentially means broker-dealers are being forced (by the SEC) to cover! And they may (apparently) be willing to break the law, by deliberately and directly manipulating share price down, in order to cover more cheaply, to avoid taking a loss! But we shareholders don't have to sell to them cheaply. We pick the price at which we will sell. These broker-dealers that have a failure to deliver, they're in the hot seat and they want out.
BUYINS.NET: ROYL, DNAG, HDLM, PGSW, NTBKQ, TIMNF Have Also Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days
Wednesday, August 27, 2008; Posted: 09:37 AM
http://www.tradingmarkets.com/.site/news/Stock%20News/1847980/
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