Replies to post #8038 on POW! Entertainment Inc. (fka POWN)

[rickn23]

I was thinking todays action was somebody dumping their position, slowing down the dumping, as they saw how fast the shareprice was falling.

The market makers can usually cause the price to fall with less shares. They can also hold the price down through most of the day. I would hazard a guess that if they short the stock it would be for a few days at the most.

Without an earnings report, the market makers can set the price of the shares. There are no hard numbers for a reasonable valuation of the company. And without the quarterly reports we only get volume spike in buying and price when news comes out. If the market makers are good at their job, they can avoid getting hurt too bad.

[ickyy]

been playing these pinkys for a couple years day trading with l2......been in this stock 2 days so far...yesterday...i saw some shorting.....and yet again today....look at the time and sales...and add up all the 5000 chunks...cause they aint real trades...GLTA

[stanlee1979]

the sqeeze is coming