Wednesday, June 27, 2012 12:02:13 PM
I agree with Steeler's comments this morning. If I was shorting a stock, I would also own several million shares long. This way I could dump shares and kill rally's before they started. Also I could clog the ask and discourage buying like we witnessed the other day, (5.5 million on the ask at 11's killing the run) Also by dumping millions of shares first thing this morning and driving the price down it causes a panic and causes millions more shares to dump by the weak traders.
Not saying this is what is going on, but from what I have seen there is all kinds of manipulation here.
We need the promotions to kick in, with the heavy volume it would be difficult for games like this to be played. EVDR
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