InvestorsHub Logo
Followers 3
Posts 500
Boards Moderated 0
Alias Born 02/11/2010

Re: topweb post# 23135

Thursday, 09/09/2010 7:57:13 PM

Thursday, September 09, 2010 7:57:13 PM

Post# of 136066
Simple. I've seen it before with other stocks. An obvious thing happened yesterday, with 2 mil in buy volume, the price rockets 50%. However, about 10 or 11 million were sold almost immediately after and it was siting around .012 to .013. (IMO the MM's doing the dilution use this technique every time shares are dumped by any pink). A coincidentally timed PR runs as "cover' for us to think the volume and upward spike is related to the PR. Except for my first point: 2 million to spike 50%. 10 to 11 million to only bring it down to .012/.013 NOT to mention, we see MM's paint $30 and $40 trades lowering the ask to walk it down constantly. So how on earth could 11 million shares be dumped before noon and we still be 10-20% up for the day?? The only answer is dilution. EOD was over 20 mil. Today has been a repeat with almost 30% lost value. It is most likely not over. I have been a firm beleiver in MFLI all along. This activity however has me questioning myself: am I an easy mark? or should I bask my thoughts in the never-ending balm of "maybe in a couple more quarters things will pick up".

It may be over. We may recover, and financials may arrive soon. By the holiday's this could be a rough bump in the road, but well recovered from by then. Then again, we are in a speculative game here, right?

Damn crystal ball is *!%#ing me again (lol-almost...TO PAINFUL TO LAUGH RIGHT NOW)