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Re: AlanC post# 108781

Sunday, 09/25/2011 9:46:28 AM

Sunday, September 25, 2011 9:46:28 AM

Post# of 165875
Alan do you sincerely believe that some of these posters here are short SRSR? I sincerely doubt that as it is next to impossible for an individual to borrow stock to short on a pinkie and naked shorting in a pinkie is impossible for an individual. Perhaps you believe that some of these posters represent larger institutions that are doing naked shorts in pinkies with SRSR as one of their victims?
I do believe that sometimes there are those who talk a stock down because they trade it and once they sell it (long) they want to get back in so they will talk it down in order to buy back in.
I think the concerns of those who have posted regarding the DC are legitimate concerns and I also think that the drop from .07 to .02 these past six weeks has not been mainly attributed to MM's but due to disenchanted investors who are unhappy with the two news events (financing and DC). The only volume was near .07 when the financing news came out and I believe that was the "sell on news" crew. The volume has not been huge.
That is not to say that I believe such manipulation does not exist, I just don't think that is the case in this particular instance with this particular stock.

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