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fringe_remnant

03/24/07 11:18 PM

#6170 RE: Give1st2God #6168

No, He Doesn't.

The MM's had no time to cover prior to the 1.3Bn run. There was no trading prior to that. Read TPL's post to that effect, now up in the IBOX.

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zeener2

03/24/07 11:20 PM

#6171 RE: Give1st2God #6168

MM IS A MARKETMAKER THIS IHUB BOARD IS FOR TRADERS IM NOT SAYING THIS WILL GO DOWN ON MONDAY BUT ITS STILL A PUMP AND IN 2-3 WEEKS BACK TO 0002 IMO
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IH Member [Kris]

03/24/07 11:22 PM

#6175 RE: Give1st2God #6168

Because if they cant get them at a certain(low) price, they have to raise it..hence not enough sellers to buyers.
So the bid will keep going higher till the get what they need..

does that sound good?
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The_Pink_Lawyer

03/24/07 11:33 PM

#6188 RE: Give1st2God #6168

For one, 1.3 billion shares is a hell of a lot of shares to cover. Secondly and most importantly, almost all of the time MMs will short a penny stock to death. That is, they will short it knowing that 99.9% of all penny stocks that have a run will crash and burn and simply go away. They NEVER have to cover.

It is only through sustained buying and pressure on the MMs that they are forced to cover, because the continued buying pressure is too great and the scrutiny too intense and the will of traders too strong to allow the MMs to kill the BHUB. That is what happened with PAIV, that is what happened with AWYB, that is what is happening with BHUB. In "short" we are forcing the issue, keeping up the pressure. Friday's trading, where the MMs had to retreat and let the stock run from .0006 to .001 was a direct result of our actions continuing to force the issue.

As long as we do not relent and wilt, or get scared away by some bashers, we will chase the MMs all the way to a 100-bagger or more.