InvestorsHub Logo
icon url

euniverse1

06/17/07 10:11 AM

#15178 RE: coin_in_fountain #15177

Ok, great theory, but who is dumb enough to buy shares at higher levels. If nobody is buying he can authorize all the shares he wants. Unless the market makers are willing to buy the shares he wants to sell. Then the market makers are going to get srcewed. He will do his reverse split, the stock will jump and within a few weeks be right back where we started. Worthless! I maybe wrong, but if there is no volume and nobody is willing to buy at higher levels, the mm will just keep lowering the bid and ask, there not going to get stuck with worthless stock. So he maybe able to sell a few shares at higher levels but if he is the only one selling and nobody is buying that thing will drop like a rock. If I'm wrong please correct me, this is just my opinion.Thankyou
icon url

Talon134

06/17/07 12:06 PM

#15179 RE: coin_in_fountain #15177

Either way, seems Cbay sucks