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amazingkarma

08/30/06 1:12 PM

#2066 RE: True Blue #2064

Ok, that's a stretch. Very little room to drop for a short (too much pressure being built as the MMs get compressed into a smaller price range), let alone a naked short. MUCH better shorting stocks out there than this one. This is simple selling by profit takers and some that are getting fretted out by the skillful folks at NITE that have been doing this for years.

I've sat with a couple traders at Knight Trading in Chicago and they'd literally laugh at the screen when things like this happened. Funny part is that they'd be just as shocked as we are now, if not more. Talk about making money on other people's lack of education, lol.

99% sure it's not shorting...