InvestorsHub Logo
icon url

marketschmarket

05/07/10 4:34 PM

#1249 RE: ANTI-BAGHOLDER #1248

I was watching the L2, 5000k shares being traded lower and lower to make it look like the share pricer was falling. Then after a couple you I saw a "real" sale for 200k shares at the bid snatched up immediately. Since the bid price was going down after each 5000k sale it means that the big was from a MM and he sold to himself or someone and then lowered the price again which gives the appearance that the stock it tanking. Since nowbody is buying he can keep doing this and people are getting more and more nervous. Basically, he sucked a pile of shares up below what the share holders conceived value is. The god news is that when the investors look at the price and it starts moving up the MM will have plenty of .0032 inventory to sell which gives them motive to let it go up once they have driven it down to the point volume is effected afversly. we still had 9 million shares traded so this manipulation will continue on Monday unless we have news. This is where the longs and the flippers make money. Not the average investors.