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Ocstreet

02/09/10 1:44 PM

#149130 RE: strikehold #149128

Point well taken, except for the fact that back then tons of posts were being posted stating that the MM's were dropping the price for the shorts to cover! So, which is it?? Were they covering then or are they covering now?? Were they ever really covering any of the million times this comment has been posted????

Ocstreet

02/09/10 1:50 PM

#149133 RE: strikehold #149128

I forgot to say, that my point is that there are numerous ways for the MM's to make money, besides short manipulation. In no way am I trying to say that the MM's aren't doing their dirty business, as we all know what their role is and what they do. BUT, the chances are that the drop in price is due to one of the various other ways they make money, instead of the overused "helping the shorts cover". Just saying that excuse doesn't need to be thrown out there like they know what they are talking about, when they really have no clue. Just chalk up the drop to the MM's making money, not to the specific way they are making money, when they really don't know!!!