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Re: KuChing post# 40543

Monday, 10/25/2010 2:04:20 PM

Monday, October 25, 2010 2:04:20 PM

Post# of 146240
Seaside88 is strictly forbidden from engaging in short selling and other share depressing activities. If anyone has evidence SS88 is engaged in any activities of that nature, please forward it to NNVC management.

I see no evidence that SS88 is involved in the bear attacks that began last May. There can be an argument that they are making money in both directions for the first round of conversions, but we are already into the 3rd conversion of the second round, and there has been no price movement up or down since early September. There was that little blip to 1.20 at the start of the second round. If they were engaged in shorting tactics this round, wouldn't we see more downward movement as short shares pound the bid?

I think lover boy is short and I think he started shorting at the last blip. Originally, I thought he might have stepped in at 1.30, but now I think he shorted based on a misinterpretation of the meaning of the SS88 2nd round, expecting a decline similar to the one that accompanied the first round.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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