InvestorsHub Logo
Followers 99
Posts 2054
Boards Moderated 0
Alias Born 10/25/2009

Re: None

Tuesday, 05/25/2010 10:10:16 AM

Tuesday, May 25, 2010 10:10:16 AM

Post# of 179215
I've always been a bit skeptical of MM manipulation that people claim are going on, but I just took a look at L2, and I couldn't help but notice that ETMM is on the bid at .0001. If that doesn't scream out BS, then I don't know what does. ETMM is one of the two most active MMs for CDIV. to believe that the only bid order that ETMM has is at .0001 is, quite simply, unbelievable.

Anyone with Etrade want to put in a bid for 5000 shares at anything above a penny and see if ETMM moves?

Even I, the skeptic, can admit that something is going on here. And when it is obvious to someone who doubts the manipulation, it should be obvious to all.

Let's hope this is a sign that we're in the final stages of this game of theirs, and that an up-swing is coming soon.

ALSO, PLEASE NOTE -- low volume means that no one wants to sell at these levels!!! It appears that we've rid ourselves of whatever selling was happening. With the selling done, a little buying pressure should move CDIV upwards quite nicely. For those with free powder, it might be a good day to do some big buying.