Sunday, October 19, 2008 9:17:34 AM
UNsupervised OTC Systems ( by the SEC ) . So , to quote the inimitable Sarah , " you betcha " the MM's sell shares into a run that they control , using real shares or NSS doesn't matter one whit to them , and then they drop the PPS on horse hooie reasons ( back-fill / fill the gap / charting averages /
weak hands selling / big boys accumulating / whatever ) .
That way the scurrilous MM's not only make their commissions but they make the spread on the NSS that they used ...FREE money to the gods .
At least now the SEC has been pressured to regulate ALL stocks from the outrageous abuses of naked short selling , but the MM's still have 3 days to do what they do best ....manipulate stocks to enrich themselves .
The SEC could have intervened years ago but they didn't , so IMO the SEC is the root of evil in the stock markets .
Regarding UVSE it is quite likely the MM's will run the bajeebers out of the stock , hopefully on fundamentals , but watch THEIR momo and retracement tactics on the way north . Locking in profits on the way up while holding a core position is the best way to protect oneself .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
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