Replies to post #21089 on EFuel EFN Corp (EFLN)

[Pellinore]

Upgrading my I-Hub next week. Anyone have a suggestion for the best level? Thanks.

[dollerz-yo]

I've been giving quite a bit of thought over the course of the weekend with regard to the Friday double dip to .002, not that it matters all that much to those holding for the long term, but it seems that the only way these transactions could have taken place was with the MMs' walking the price down to a level that would've triggered stop loss sells. Seriously folks, news comes out, one trade goes off @.0027, then the board literally freezes. Creates a scenario ripe for a takedown, which is exactly what happened. Don't forget, the MMs' have level 3, which keeps them one step ahead of us retail peons, including having insight into what type of accounts these shares are being traded within (retirement accounts, taxable, etc....), not to mention stop loss triggers. If the float is indeed locked, and these buggers can't get their hands on shares to trade, which they're obligated first off to complete transactions, yet, they're still short a bazillion shares, which they don't want to take a loss on, what better way to get their bidding (no pun intended) than to waste some time on pending transactions, drag the bid/ask down to a level that will trigger a stop loss. We're talking over a million shares that went through on Friday, @.002, not 5000. Not telling anyone what to to do with their money, aside from the fact that I would imagine there are shareholders that don't even read this thread, but if you have stop losses in place, but you still believe in the company, and it's potential, CANCEL YOUR STOP LOSS ORDERS! IMO, you're just giving the MMs' another opportunity to cover their shorts, at a cheaper price, at your ultimate expense, only because they can do so. If, IF, no one else is selling, this is the only alternate scenario that I can think of as to why the sp gets taken down at random, even if it's only temporary. Don't give them half a chance! They already have enough advantages over us. If I'm wrong in these theories/assumptions, I'm always open to correction and/or criticism. Have a great rest of the weekend everyone, looking forward to Monday, and beyond. Take care.