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Alias Born | 04/23/2006 |
Monday, November 29, 2010 2:05:01 PM
I can tell you based on my experience, as well as hers, that the MM manipulation will only stop once the MMs are absolutely forced to stop it (i.e. major PR like revenues, CUSIP change, etc.). I would not expect a short squeeze as the MMs are gods on these exchanges and will always find a way to weasel out of one. IMO, in essence the manipulation we are seeing by ETMM now is so they can avoid being caught in a short squeeze.
The good news is once they are done covering they will most likely run the stock up significantly once the first major PR comes. Hang in there guys. As some of the more seasoned traders have stated, this is just like when CWRN was in the triple 000's, the people who accumulated shares at those prices have already made a killing. These prices are just the next opportunity to make serious dough if you are keen enough to take advantage.
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