AI
Monday, August 09, 2010 4:10:48 PM
Hey Gang
It's about lunch time and so far this morning it's been hell on wheeles. The stock we all know and love went from 90 cents to 39 cents on the open. Some one say "How the hell does that happen " ?? The answer is "Because he can". The idea is to make folks sell. (People sell stock going down people buy stock going up) 1823 (number of times I said that).
If you feel concerned about going down to 39 then when he takes it down at the close of business today to 17 you will really be excited. Only in America. The price of this stock has no meaning to us. That is difficult for many of you to believe and for that I am very sorry. One day each and everyone of you will understand that the market maker controls the price and I'm not going to go with investing 101 again.
This market maker is caught in a short squeeze. He is selling shares he does not have. He must one day cover (no if's or and's or but's) he must cover. At that time the stock will be well above $3.00 and if he is naked short there is no limit to how high it will go. The last record was 5 cents to $70.00. That's right 5 cents to 70 dollars a share. Don't think this will happen here but who knows. I hope I remember the attachments this time. This report goes to Patsy at Finra.
NITE has wasted another day and has gone deeper in his short position. He did accomplish what he wished when he said someone sold 1500 at 20. Not a share was bought after that. Human nature. I don't know what else he can do No matter which way he jumps he's caught. As always the secret here is to slowly accumulate and hold on to what you can get. Anything he will give you under $1.00 is golden. For those of you who have no ready cash. Hang on a bit longer. God knows most of you have been here for awhile but I'm sure most of you can finaly see what's going on.
Qtip.
It's about lunch time and so far this morning it's been hell on wheeles. The stock we all know and love went from 90 cents to 39 cents on the open. Some one say "How the hell does that happen " ?? The answer is "Because he can". The idea is to make folks sell. (People sell stock going down people buy stock going up) 1823 (number of times I said that).
If you feel concerned about going down to 39 then when he takes it down at the close of business today to 17 you will really be excited. Only in America. The price of this stock has no meaning to us. That is difficult for many of you to believe and for that I am very sorry. One day each and everyone of you will understand that the market maker controls the price and I'm not going to go with investing 101 again.
This market maker is caught in a short squeeze. He is selling shares he does not have. He must one day cover (no if's or and's or but's) he must cover. At that time the stock will be well above $3.00 and if he is naked short there is no limit to how high it will go. The last record was 5 cents to $70.00. That's right 5 cents to 70 dollars a share. Don't think this will happen here but who knows. I hope I remember the attachments this time. This report goes to Patsy at Finra.
NITE has wasted another day and has gone deeper in his short position. He did accomplish what he wished when he said someone sold 1500 at 20. Not a share was bought after that. Human nature. I don't know what else he can do No matter which way he jumps he's caught. As always the secret here is to slowly accumulate and hold on to what you can get. Anything he will give you under $1.00 is golden. For those of you who have no ready cash. Hang on a bit longer. God knows most of you have been here for awhile but I'm sure most of you can finaly see what's going on.
Qtip.
A friend is someone you can always count on when he needs you.
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