Lighthouse Global Holdings Inc. (LHGI)

[EquityTrader]

Look at the Z trades from last week. Talked to my buddy who is a Market Maker for a firm in CA. He said it looks like someone is desperately trying to keep a short from going any further south. He has been watching this for a while and said it is as I did...someone has a lot of shares and a MM is shorting their shares while that person is wanting to sell them. The MM is just frontrunning...an opinion.

Everyone put a GTC Sell order above $.20 on this stock on all your shares this means the MMs won't be able to short your stock and if they have shorted your stock they have to cover.

Its hard to bet against Market Makers, but in this case we are very close to pushing this to the point where they have to cover.

The other thing he said was you could always look into the idea that someone is either being forced to sell the stock to cover a call in a margin account (usually happens this time of day).

Looking for this to go beyond 200k in volume and hold $.13 range... just need to hold strong and absorb.