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lucky, mydog

01/21/09 7:11 PM

#50768 RE: Overtime #50757

why would the market makers do that? that is not how they make money. if the price goes up, so does the volume. that's how they make money. the myth that "they" are keeping this down is perpetrated by stuckholders looking for a way to get out.
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Overtime

01/21/09 7:15 PM

#50772 RE: Overtime #50757

The MM make their money taking a company down and keeping it there, so they never have to cover. Too simple.
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frogdreaming

01/21/09 7:22 PM

#50778 RE: Overtime #50757

Why? That makes no sense whatsoever.

The market makers made their money shorting down from .95 and intend to keep it down. IMO

Once they get a stock down from .95 cents, why wouldn't they just cover and move on?

Once the pps is at .0001 there is no more money to be made by selling. They can cover all the shares they sold at higher prices and make a fortune. The law of diminishing returns hits the 'infinity' wall after the stock gets this low.

What possible advantage is there to beating such a dead horse? There are countless stocks available to the shorters where the profits would be huge. Why would any fool keep beating a stock that has all of the profit already beaten out of it?