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Re: Gigwoof post# 4204

Thursday, 06/02/2005 10:16:23 AM

Thursday, June 02, 2005 10:16:23 AM

Post# of 361412
The OTCBB and the market makers are the main culprits here. Their behavior is nothing short of criminal.

Check out MOBL. It just experienced what ERHE did two days ago. Yesterday MOBL announced a great earnings report on a huge increase in revenues 20 minutes before the closing bell. The stock ran about 20% in 20 minutes and naturally you would have expected a huge increase today. So what happened today? You would have expected the stock to soar.

What happened was the same exact thing that happened to ERHE two days ago. There was massive buying interest at the open but it was blunted by MM's dumping shares on the market to put a lid on the rising share price. Now the stock is actually down on the day. Unbelievable they can get away with that.

Thats why we need to get on a real exchange as quickly as possible and get away from the crooks on the otcbb.

Disclaimer, i dont own any MOBL, nor do I recommend it, I am watching as an interested observer.
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