NanoViricides Inc. (NNVC): It's called market maker (MM) manipulati...

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Re: majordad post# 24096

Friday, 10/02/2009 9:52:05 PM

Friday, October 02, 2009 9:52:05 PM

It's called market maker (MM) manipulation. It's illegal. On the OTBB, the SEC punts and does not police this practice. MMs conspire to drive the price up or down depending on their own selfish interests. Typically it is driven down by shorts even by what is called "naked shorts", which is illegal, to drive the price down so MMs can make buckos on downward price sells and upward price spikes. MMs suck! Until the SEC grows some balls or this stock makes the NASDAQ, or the MMs get suprised by a Big Pharma deal, this practice will continue.

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