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marketmaker25

09/27/07 2:46 PM

#659 RE: Guardian #658

They at least showed your bid. Yes it is manipulated despite what anyone might say. It is the latitude that mm's are given to maintain an "orderly market" but that freedom is often used by the mm's to manage a stock price to their advantage. Anyone who says that isn't so just doesn't know the OTC and Pink Sheets marketplace.
It is fairly evident that the IR group hasn't even entered the fray yet aside from the fact that I believe they are likely buying some of the shares at these prices to pad their nest. That is also a fairly common practice prior to working to push a stock forward. What TransAkt has to hope is that this IR firm will pump but not wholeheartedly dump as they will have a significant volume of free trading shares at their disposal.
As I indicated earlier Wu doesn't have a lot of time left to push buttons that will move the stock to a level where shareholders don't want to lynch him at the AGM. Fact of the matter is that he will still control the meeting through his own shares and proxies but he might not want to face the questions that a few of us will bring to the meeting should this lacklustre performance continue until then.

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