InvestorsHub Logo
icon url

luthot

05/06/06 1:00 AM

#2572 RE: ezmony #2569

I will be the first to admit that I am not a short term trader. I don't have the time to do it well, so I seek out long term investments. All I am trying to say is that price manipulation has been obvious. Think of the unlimited shares sold in the .28-.33 range after the dividend announcement. Following that run-up, every morning there was the attempt to go higher, then a sell-off down a penny or two. At the start of the day, you could predict what the closing price would be-and they did not disappoint.

And then GFCI showed up on the naked short list. BBB and other longs who said shorting, and not selling by longs, was the culprit seem to be correct.

I simply believe that management has a long term view of the stock price as do I.

My 17,210 shares are a small stab at a big reward. Perhaps if I understood the "code" better I could have more shares for the same investment, but I have real work to do during trading hours. I am content with what I have and have the ability to be patient looking forward to the outcome of news.