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overandout

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overandout

Re: Willsmith3 post# 30942

Wednesday, 11/09/2011 11:15:20 AM

Wednesday, November 09, 2011 11:15:20 AM

Post# of 67010
What I am saying is that MM manipulation is always the convenient explanation for downward price action whether it is CGFIA or any of the other pinkies.

And when the price goes up, you will not hear a peep about MM manipulation. At that point it is the quality of the investment and how astute people were buying when they did.

I am not naive enough to think that manipulation does not occur but it is used as a convenient explanation on this board all the time. Manipulation and "bid sitting"!! It has been the case since I joined this board.

FYI, I have a substantial position in another pinkie - much more so than this one which for me is akin to a lotto play - and the same MM manipulation is thrown out all the time to explain downward price action.




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