Replies to post #32443 on Exxe Group Inc (AXXA)

[CHIEF-RISES-ABOVE]

Buying pressure started 12 minutes bef close on Friday with a bullish level 2 shift

[deafcone]

Until transfer is done the only way they can walk it down is with shorting. They can’t short due to violating NSS regulations only way to cover is ask slapping.

[Sirpeter]

You challenging me?...not sure if it begins tomorrow or Tuesday but MMs have to cover

[ryu76]

So basically, some of these new retail side-liners have to buy in and push the shares up to $3... before that price is set and then MM's buy in at that price. I can see how MM's been walking it down – Friday sure wasn't fun to go through.

What a way to learn... :) This is crazy - but I hope it all works out. Thanks for the insight!

[tychicus]

Except that the mm's are on a timer. Buying and selling from each other doesnt accomplish what they need..to buy back the air shares they sold after the 13th day. We and others are holding those shares and wont sell below what we want. What they do between themselves is their business. The clock via the regulations IS the buying pressure. My shares my price. They have to buy and they know it.

[skyrocketinsight]

Excellent observation but true! If faced with losing millions of dollars or doing something illegal with trading between each other I could see that falling into one of the MM's dirty book tricks. Chances are they will get away with it as they are probably IMO, not watched as closely that way as shareholders.

I suppose their mindset probably is desperate measures for desperate times. They did lose the first several rounds of the fight though as the run up was fast and furious like someone today alluded would happen today but it didn't.

[snax]

True, by selling more shares short to cover short shares.