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ironguts

09/18/08 11:57 AM

#7688 RE: runninamuk #7685

I actually have to agree with DSU on this part of his diatribe:

"The combination of that with what I see on the charts suggests that we ARE seeing the stock being walked down... but that doesn't give me any new tools to use to determine whether the financing problems are being used deliberately to drive the stock down, now, before some future major accumulation, after which all the problems will be suddenly resolved... or if we are seeing the market makers walking it down now only because they are doing their jobs, walking it down in an orderly fashion to reflect the changing "reality" of the situation... as the probability that the financing will occur is walking down."


It's my view that the MMs have been walking this down due to lack of bids and keep walking it down until they can make enough of a difference from the ask side. The recent lack of volume supports this. If someone is walking this down to take a position THEN they are defiantely not getting any volume....If you take in consideration that the MMs try to match the buys and asks in order to record them, therefore, you have a double print most days. SO where is the volume??? The same group here is STILL the main buyers here plain and simple....

So GAK if what you were trying to tell us exactly what DSU said during your mega-multi-post day maybe you should learn to summerize in a post or two to be taken seriously......