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Re: wdl777 post# 19932

Sunday, 09/05/2010 11:45:43 AM

Sunday, September 05, 2010 11:45:43 AM

Post# of 80983
Your Reading this All Wrong.

I am not saying that we do not have a significant NS position in this stock. But the idea that it is a billion shares just is not supported with the facts. And further explains why management has not taken any steps to capture the unresonable profits in a short squeeze.

The MM's have a purpose in the financial markets, more so in the pinkies, and that is to establish stability in a stock price by trading on their account to better match the ask and the sell.

To do this they often have to sell shares from a naked position. Additionally, there are those that will try to manipulate a stock by over subsribing a sell ofder to drive the shares down, with the result being, they eventually, close out the NS position and let the stock move back to fair value.

Look at the charts. Why would anyone, hold open a NS on the large falls in SP we have had over the last 5 years.

Really, I want to know your thoughts. This is not a slam on you or Doc. I just want to understand.