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crashman

11/02/07 1:34 PM

#86369 RE: lowtrade #86361

No lowtrade, I just think it is irresponsible to recommend to investors to buy at the ask and put the sell orders way above the ask. This is what some longs did here this morning when the pps was about 2.8 cents. Now look where we are. Stock manipulation like that only works for a very short time. I know you did this with other stocks before. And you know it doesn't work (besides it might be illegal).
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xyz1002

11/02/07 1:34 PM

#86370 RE: lowtrade #86361

Lowtrade- With all dure respect, you either don't know how it works or deliberately giving wrong information. When I say I know the ins and outs of these convertibles and how hedge fund works, take it coming from someone in the field.

Hedge funds holding convertibles never buy shares of the same stock in open market, Period! If there are convetibles debentures outstanding on a debt with one hedgefund, other hedge fund will not buy that stock either.

The MM's are not manipulating as you say. The news of O/S comes and a bunch of retailers sell and the pps goes down, thats it.

Not one thing you say makes sense.



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Ace Magoo

11/02/07 1:37 PM

#86374 RE: lowtrade #86361

But I think we have a pretty stubborn crew here willing to hold out till they can get out with a profit, or at least without any real loss and are willing to go down with the ship if that’s what happens. So how is that type of Mexican standoff going to pan out? I agree, don’t sell, force them to run it or be stuck with it. If we don't sell we can trap the big guy with us. If it is going to cost retail, why not hang on and cost the big guy too.