Monday, January 24, 2011 11:15:16 AM
My favorite MM is sitting on the L2(AGAIN) with a 40-50% dif. between BID/ASK (if we keep them at 20-30% we win). This means their trying to get ready for another naked short run.
Look at Friday, Good PR and there were more sells then buys? Answer is, shorting cont with your favorite MM.
Let this simmer until the financials make their way out, the needed 8k is essential because it will show why they didn't need our venture capital to push their merger threw. They have a 500k market cap on sub penny stock; they don't need investors at the moment, but will in the near future.
Be patient (you should already be sitting on your shares) and wait for the 8k so that they will be to strong to short and then ride the wave. FYI if you cont with your own DD you will see this company is worth more in pieces than as a whole right now. Something to look forward to in the near future. GLTA
Just some light reading on the MM sitting on the L2
http://stockreads.com/Stock-Newsletter.aspx?id=37995
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