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Re: Housh post# 11295

Thursday, 12/09/2010 3:04:16 PM

Thursday, December 09, 2010 3:04:16 PM

Post# of 54312
Can someone please tell me if this is possible?

MM1 sells 1MM shares short to MM2 and 400M shares short to retail. MM2 owns 1MM shares.
MM2 sells 1.4MM shares short to MM1 and 560M shares short to retail, thus covering MM1's short commitment. MM2 owns 1MM shares still, and MM1 now owns 1.96MM shares.
MM1 sells 1.96MM shares short to MM2 and 784M shares short to retail, covering MM2's short commitment. MM2 now owns 3.744MM shares and MM1 owns 1.96MM shares.

The MM's let the price run up, then they sell their accumulated short shares for big profit.

After they get rid of their NSS, they short the pps back down to the .008 - .012 range and cover the remaining short position.

Rinse. Repeat.

What can stop this process? Constant buying pressure alone can not. We have to keep the buying pressure on, while the company releases good information to make new people WANT to keep the buying pressure on.