KyInvesor: Wrong. Look at the weak sell volume. Look at CMF, A/D, and OBV. All with diversions to the current price trend. Smart money is NOT selling, they are buying. The lack of buying pressure is the way pro's and institutions work. Dumb money is always the last one to get into the show, and THEY are the ones who panic buy and push the share price up on more obvious and visual trends. By then it's usually too late. The few fear based sellers that are here probably shouldn't be playing in the Street anyway. Do I SEEM like I don't know what's going on to you? Aren't you glad I warned you off of NIHK? There are others here who are glad I warned them off of MODC at .4 cents, because it now auctions at .009. I'm not here to practice my typing skills. Listen, market makers DO manipulate prices, but not to the extent that most people think. They'll capture spreads and scalp teenies for the most part, they'll sometimes stop clear, and right now I believe they are accumulating for an Autumn run-up, but it's not as sinister as everyone believes. Big money can wield leverage somewhat, but not as easily and readily as a lot of amateurs think, either. For instance, they often set 'turtle traps', sometimes picking up shares or dumping shares into traders who are playing the 20MA. Nothing of the sort going on here, that I can see. The reason the issue of manipulation was quickly dismissed at the meeting is the same reason a public figure doesn't respond to a snide journalists' question of "Is it true you still beat your mistress?" There's no way to answer the question. There's no answer that satisfies. These PHD's are above punking a few traders out of their shares and making bag-holders out of the working stiff so they can add fog lights to their Range Rovers. Come on. These guys are a little too pre-occupied right now, don't you think?
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