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Re: Dayton009 post# 12767

Friday, 05/25/2012 12:40:59 AM

Friday, May 25, 2012 12:40:59 AM

Post# of 18684
Very interesting. What's puzzling to me about these numbers is the fact that almost 100% of the volume yesterday and today (5/23 and 5/24) were buy orders, not sell orders. I know that because I was the one buying. But all those shares are showing up as short volume, which tells me the MM's were creating phantom shares to fill the buy orders since they didn't actually have the shares to sell (aka naked short selling). Whatever the case, I'm happy to get the shares. But these numbers tell an interesting story.

It'll be interesting to see what unfolds here. I believe the MM's or a large trader (maybe even an insider?) knows something we don't know. I still believe much of that short burst of 100 million shares on 5/22 were also buy orders being filled on the bid, not sell orders as they appear. At some point, I believe the MM's will flip sides and add fuel to this fire on the way up. But who the heck knows??? It's so hard to tell what's really going on in OTC stocks. There's so much manipulation & funny business going on.
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