Replies to post #6136 on Aurora Acquisition Corp (AURC)

[xZx]

did my reply give you any insights?

[kilauea]

I'll throw my $0.02 out about LFWK. If this is too off-topic, feel free to ignore (but it is Saturday night...).

I owned but sold for a very small profit. IMO the problem with trading LFWK is that there is basically one MM in control of the stock, NITE, and NITE's been manipulating the price up and down for weeks. Given the allegations of shorting I wouldn't be surprised if NITE is the prime culprit there as well, and I have no confidence that he will be forced to cover. NITE is essentially thumbing his nose at LFWK by forcing the price to go wherever he wants (principally down in recent weeks) until people bail or get frustrated--like I did. There may be money to be made in it but it's going to take more patience than I have.

The other problem with LFWK is that it's a basically a real-estate stock in a time of softening real estate markets. You may or may not think that is relevant--coupled with NITE's shenanigans, I decided to bail. Of course my bailing is usually a signal to the MMs to let the run begin, so you may want to take my exit as buy signal! I do believe many savvy traders on this board and others (RIG, ez) remain positive about it.

Good luck to you if you play it.