InvestorsHub Logo
Followers 6
Posts 919
Boards Moderated 0
Alias Born 03/26/2010

Re: slapierre post# 839

Tuesday, 09/14/2010 9:00:48 PM

Tuesday, September 14, 2010 9:00:48 PM

Post# of 3211
Means that MMs have sold us shares they did not have to sell.

70% of shares were not existing. MMs are mandated to keep the money flow into a stock but they get gready, they sell us shares at a price of let say .25$ in hopes to buy them to cover they sell but obviously at a lower price for a profit.

IN OTC and Pinky land, it's sort of the far west (less in OTC) but it usually means the stock might not go up for a little while till the MMs can buy the shares they shorted, this could explain why we are still stuck at .25$ since mms short a the stock to prevent it from going higher.

The upside, but wont happen without big news is that it makes a run more explosive but MMs will always win 4 times out of 5.

So it means we need to be patient before this explodes.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.