could this be happening to our stock?
Posted by: long-shot Date: Wednesday, November 18, 2009 11:40:09 AM
In reply to: snwboardn21 who wrote msg# 6197 Post # of 6213
if the mm short or naked short 100 million shares at 25, use a few million shares to sell it down to 22, bail out, they make .0003 on 100 million shrares, which equals, $30,000.
not saying that's happening now to XXXX, but somebody big is playing with it, and we can't see it on our trades or order book. every day it drops from 25-27 down to 22 or so, then goes back up when they are done. jmho
mike, naked short won't show up.
the stock never existed, they never bought it, and it doesn't count in the o/s. it is illegal, but still practiced in the penny world where there is less governing.
i think we can see it cause we watch this stock all day every day, and the ups and downs make no sense. how many people comment on thisa board about a 5k sell sent it down .0002. how'd that happen. too much fluctuation without manipulation.
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