Thursday, December 02, 2010 7:07:17 PM
and now we have our super super 'knowledgable' people here who complain about shorters when they themselves are the ones who are forcing shares to be shorted by market makers when there is not a party wishing to sell at the moment.
Believe it or not, this stock is illiquid. If you don't understand the actual meaning of the term liquidity and how to applies to stocks, then go look it up, because I've seen it used inappropriately several times on this board. It refers to the number of participants involved in the day-to-day trading of a individual stock/shares traded of an individual stock. Yes, OTOW trades millions of shares, but that's because the price-per-share is so low. If the liquidity in this stock was higher, than it would take many more shares to move the price incrementally.
if people here actually took the time to learn how the back office operations of markets function, there would be less conspiracy remarks of shorters because those remarks are based on ignorance.
I hope this post is appreciated because this type of information is only gained from either years of experience, books that tend to be difficult to read, in a class that isn't free, or from actually being involved in the industry professionally (which judging from the posts here in general, this isn't the case; sorry but it's true).
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