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wrj

Followers 16
Posts 1843
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Alias Born 03/21/2009

wrj

Re: exisnet post# 21705

Thursday, 04/26/2012 10:05:34 PM

Thursday, April 26, 2012 10:05:34 PM

Post# of 74729
I watched Level 2 along with many of you and saw what happened. Every time the ask was taken out some larger number shows up within seconds on the ask so to discourage retail buyers. Shorts cannot let this go up. At least we know deep pockets are involved. It seems the shorts are betting we won't get a filing tomorrow or debt won't be gone or Kool is not doing the R/M. IMO someone has to have inside information to spend this kind of money and not risk a huge margin call. I've been trading forty years and have never seen anything like today. I don't know if retail can out buy the short sellers or not. The two things I know we can do is hit the ask hard from the git go and lock in our sell price at $2 or higher so our shares cannot be borrowed. We will find out if we have the right stuff in a few hours.

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