Great article Tothe. We have been watching the MM's play their games for some time IMO. They let it run to .003 after news on the buy back then took it down to .001. It looked like the company was getting their 20 mil filled below .001 with all the after hours buys showing up. Dont know the exact number but there were six or seven days of 2,3 and 4 mil buys that looked like the company getting some pretty cheap shares. After that many flippers that bought .002's and above got anxious waiting on it to bounce up and sold playing right into the mm's hands. If you remember Tradersrule and some others (myself included) would place an order and sit on the bid while all this was going on. Many were able to accumulate small chunks at a time only because the bid would be manipulated while the MM's were looking for shares. Many here have questioned whether the company has bought back but I think those concerns have been put to rest after we saw how tight this has become. I was impressed with Thursday and Friday's trading when we saw the longs on here holding tight even after all the concerns of the AS increase and the Regdex filings. Some will want to second guess themselves and the reasons they bought into this company in the first place and thats only normal because we are still waiting on the company to release news on the OTC yellow pages aqcuisition which caught us by suprise when we were really looking for some buy back news.
I dont think the article was redundant at all. We are seeing the same situation going on here and your right about next week. The MM's will be pulling out alot of new tricks to shake the weak so they can position themselves better to manipulate. I for one am ready come Monday morning and if they want to take it down below .0005 again I will sit on the bid and collect as many shares as I can or until I run out of cash. If we all keep doing what we have been then we will eventually beat them at their own game and that will be very satisfying and profitable when it happens. Thanks for the article Tothe....GB
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