Replies to post #44999 on Indocan Resources Inc. (IDCN)

[Computerbux]

Interesting theory on the MM's and a MYSTERY seller....too bad you're wrong.

You see, the biggest part of the story that you conveniently left out is the fact that the MM's DON'T HAVE TO OWN ANY SHARES in order to sell them to people...its called naked short selling and this eliminates your mystery seller theory. They will have plenty of time to cover.

Its an unbalanced information market because we don't know where and when the MM's buy/sell and what price points, but they can see our GTC orders and all orders within our prospective brokers. They know they can initiate trades between the MM's that will trigger stop losses and GTC orders.

Knowing this, if they short the heck out of it like they have this morning, they can get caught by a major upswing, especially with a low float, and have to cover at a loss...known as the short squeeze.

[SIIX]

i think you are right on these 2 points-

1) People that got in at 5/6 and are happy to take their 30-60% gains. I know if I had an average at .0006 I would have been gone at 9.

2) Frustrated people that are just glad to see enough liquidity to get out, even at a loss

It has been awhile since we have had a move up and a churn. next few days we move out of the 000's imo. GL to us Upstate!

[STOCKCHARTER]

Your answer is 1 & 2 E.O.M.

[ChartMasterpieces]

You have a GTC @ 0013?

[Alamo_on_the_rise]

265.6M buys vs 14.1M sells and up 1 tick

It's obvious to me what the answer is.