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Chas56789

07/07/10 9:33 PM

#135471 RE: ID Supermoney #135457

ID Supermoney - The problem with your theory is that there are ZERO big shareholders selling shares...for less then $0.0035 per share.

example Mr. Lowenthal who paid $0.0035 for 17 bil plus shares.

Nobody with a huge amount of shares would take less then that now !

So these Market makers who are shorting at .0001 cannot buy any shares in bulk for under .0001.

All big shareholders are holding for $.003 or higher !!

Chas56789

Actually MM's CAN-SHORT-AND-COVER these shares at No BID!!

How??

Well say a company or a big shareholder has 2 billion shares!!

And he or it wants to get rid of these shares!!

He or the company go to a MM and say guess what I will sell you all my shares at $0.00005!!


The MM says OK I'll take them!!

The MM then goes on the market here and sells a short share at $0.0001 to a shareholder!!

The common shareholder buys the shorted share at $0.0001 at no bid!!

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Crazy Money

07/07/10 9:37 PM

#135472 RE: ID Supermoney #135457

MM's can get shares at .00005 and sell at .0001 :-D