Thursday, January 13, 2011 11:19:23 AM
Somebody has been very successful in moving the stock price down to the level of $53.50 since Friday 1-07-11.
They first did it with options on Friday, bringing the stock down to $45.61 before returning the price to $46.90 (52 week high AND one of the highest levels since the high in 1999-2000)
They continued on Monday 1-10-11 by again bringing the stock price down to $45.10 before returning the price to $46.34 (down $0.56 frorm the previous day's high)
On Tuesday 1-11-11 they brought the price back down to $45.61 before letting it close at $45.82, just $0.21 above the lows of the day.
On Wednesday, 1-12-11 they AGAIN walked the price down to $44.99 before letting it climb back by only $0.18 to $45.17.
TODAY, they took yet their boldest move, bginging the stock down by over $1.50 to a low of $43.50 before it clawed its way back to almost break-even for the day.
It's a shame that MM's and shorts can manipulate ANY stock so easily. AND it's also a shame that the SEC cannot monitor the activities even in such a small cap company. AND, we know that they will again try to bring the price down at the close of business, trying yet again to shake shares loose from hard-working investors.
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