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Re: novicetrader post# 770

Monday, 11/12/2012 11:01:54 AM

Monday, November 12, 2012 11:01:54 AM

Post# of 3342
I still don't have a share on that 50k bid.

It looks like the HFT computers are trading between themselves manipulating the PPS here to protect the short position.

10/31/2012 14,495,085 2,549,198 5.686135

14.5 million short and 5 days to cover.

We have insider buying and all the bad news is out. I see no reason for this short position or any hedging that could be done to protect it.

Even the insiders know the the PPS is way too low and spent a bundle (10 million) buying stock around 3 bucks.

I am making GLUU one of my top 3....

BULL