Wednesday, October 21, 2009 5:13:21 PM
IMHO I think that it has all to do with MM manipulation and negative sentiment!!!!!!! If a MM wants the price lower to try to separate someone from their shares, all he has to do is to put 100,000 shares for sale at ot below the bid price. Another MM will buy those shares and they then will drop the bid price, at which time another MM will then place 300,000 shares for sale at bid or lower. Another MM will buy those shares. The next sell will involve 500,000 shares at bid or below. If there are any people who hold shares that are afraid of losing their investment, they will sell their holdings. As more fence setters are scared more selling continues. The MMs participating in this sell off will settle up at a later date. This all works when the investors are out of dry powder. Once more investors see the value of EVRM, this manipulation will not work. Marvin
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