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concapk

03/13/20 7:05 PM

#252346 RE: james murphy #252335

If this doesn't absolutely convince everyone on this board, then I don't know what will...there is a group, or hedge fund, or BP with a firm hand controlling this stock...moving it and trimming off the cycles up and down... Im sure D Miller can confirm.... two more weeks is all the time they have left...

NickHous

03/13/20 7:50 PM

#252357 RE: james murphy #252335

Right there at the end of the day with press conference going on really shot up. I'm wondering if the shorts started covering with their computer-trading algos once the market reacted positively to the news coming out.

I'm wondering where we would really be right now if short selling was eliminated a week ago, or even this Monday, or anytime during this market plunge? Eliminated after a certain % drop or something? I mean how liquid does the market have to be. Shorting is not used for liquidity purposes as claimed by many. It's being used as a tool to game the market/individual stocks. JMO.

Well, for that matter, I wonder where AMRN would be if we didn't have short selling at all, ever? Then we would be at our $50 to $100 with no dilution ever occurring. Yep. HaHa! Never know........

Here's an article on re-enacting the Uptick Rule dated March 1, 2020. Just food for thought on a Friday after a "March Maddening Week" with no basketball to watch instead of the stock market.

https://www.cnbc.com/2020/03/01/leon-cooperman-reinstating-this-trading-rule-would-be-more-powerful-than-a-fed-rate-cut.html