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Re: islandblows post# 30476

Friday, 02/03/2006 5:00:12 PM

Friday, February 03, 2006 5:00:12 PM

Post# of 315345
Nah, not a company buyback, an MM buyback. That's a cover. If anything we'll either see the same type of action Monday or we'll see the PPS rise on very low volume. Which will signal that the short cover is pretty much over and the MMs are bringing the price up to where it should be.

Remember, the MMs not only make money shorting a pink, but they also make money by buying their own shares at these levels and then letting the PPS rise to new high levels and selling their shares when a major PR hits to new buyers.

I think they're getting set up to do the latter. JMHO

Tool


Pennystocks, we're in the looney bin for sure.