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if my theory is right and certain big

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Sportsjunkie Member Level  Sunday, 01/22/06 01:53:17 PM
Re: Domerfan17 post# 21143
Post # of 21187 
if my theory is right and certain big market makers
shorted this stock cause of all the paper that was being filled there way,without any direction or news you cant just open for business with nothing with 259 million shares...
they have deeper pockets and are more skilled at this...
market makers will play the flow,if any new investors wanted in they would do the double up theory and run the stock like they did to .04 on the last run and cover their .01 sells buy moving to .04 selling and buying back at .017..


people are very naive on the last few weeks of trading ,this stock went to almost .05 and than came back to .017..

nite and others are not as short as you think cause they could have been short several million at .01 but sold some at .04 to cost average and than bought back all they need to cover when stock tanked back to .017...


[chart]www.profile.ak.facebook.com/v229/1511/20/n1271503258_594.jpg[chart]
Disclaimer-i buy stocks on the advice of my lucky eight ball,please seek the advice of your owns balls before buying anything ....
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