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olandug

09/10/09 3:43 PM

#18096 RE: ollyboy99 #18084

MM's are Naked Short Selling.

They sold shares they didn't have on the spike and now trying to cover!!!!

They got these shares by borrowing ours.

Their profits come from the difference between what they sold your 'borrowed' shares for yesterday and the price they are able to buy them back for today.

This is why it is imperative to either sign an agreement with your broker not allowing your shares to be traded by the MM's without your permission;
or to put your shares at an ask price of $1 or more.

CALL YOUR BROKER OR PUT YOUR SHARES AT THE HIGHEST ASK POSSIBLE and we can change the table on these MM's. If just 25% of us did this, we would make a difference.

This is why they have paid bashers. The MM's are grabbing all the shares they can, as cheaply as they can. The cheaper they buy shares of EWRC, the more money they make.