Tuesday, October 26, 2010 1:43:12 PM
....Makes you wonder if shorts are trying to make a "last stand" or a final show of bluster or (just as likely) trying to get below .035 and see what stops are there to be run....
Which reminds me.....
IF ANYONE HAS A SELL-STOP ORDER IN JUST BELOW .035, YOU HAD BETTER CANCEL IT, OTHERWISE YOU ARE JUST INVITING THE STUCK SHORTS AND THE MARKET MAKERS TO RUN THE PRICE DOWN, SELL OUT YOUR POSITION AND STEAL YOUR SHARES.
Yeah, they'll do it. Of course, the regular crowd here is sophisticated enough and experienced enough to know damn well that this is one of the dark side's favorite tactics.
Meantime, coming back to our regularly scheduled programming....I find it more than a coincidence that one of the more respected sources of info comes out with a very positive piece of news and it's immediately met by a chunk of selling and order-pulling that takes the stock down several ticks....Sometimes I sure wish I had the power of subpoena. Lots of rats here, but they are about to become "rat toast". Can't wait.
Cheers / M78
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