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Re: ctrumabll post# 91938

Monday, 12/20/2010 4:10:46 PM

Monday, December 20, 2010 4:10:46 PM

Post# of 111215
I don't put any stock into the SHO and FTD lists. If I did, then I most certainly would not buy into the FLD concept. I am aware that the lists are there to inform and protect us, but I simply don't think they work.

I am also aware that the market makers short as part of the process of making a market, but I firmly believe they go far beyond reasonable limits, resulting in an imbalance of supply and demand. I also do not believe there is an official record of these shorts. Plus, watching the ask get knocked out on L2 only to tick down again and again is completely baffling to me. I don't see it happen on higher exchange stocks like I do on the pink sheets.

Agreed that NSS is claimed by all sorts of companies and rarely proven to be true. However, in the past, shareholders had either jumped ship long before the point we are at now, or the company imploded on it's own. So far, neither has happened here so it's a stalemate until someone flinches. In a way, we're trailblazing because we should have bailed long ago.

If it does succeed? Anyone heavily short gets the shaft. This should be market makers and hedge funds. Perhaps the market makers could somehow eek out a profit, but then they are still vulnerable to future squeezes. If it doesn't succeed, then the shareholders get the shaft.

Bet on the jockey, not the horse.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y