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Traderfan

07/13/10 2:41 PM

#143069 RE: LoneGrey #143063

Yes, I absolutely agree here. Don't get me wrong I know that these guys are short. No doubt about that.

Today we did see some selling. But other days and today some too it is the MMs who are short selling shares to fill buy orders. It is very prevalent in this stock
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grooverider

07/13/10 2:42 PM

#143071 RE: LoneGrey #143063

Which is, in itself, silly. Hasn't it been posted many times buy some of everything and hold? I guess some people thought that G* was about to squeeze and they pulled their positions from here and put them over there..I suppose you can't blame them, but it's a rather foolish way to do things.
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arvitar

07/13/10 2:45 PM

#143073 RE: LoneGrey #143063

" But..."

What you're seeing is a stock that's been trending down about 60% over the last 3 months because it doesn't have the fundamentals to back its overpriced valuation.

It has nothing to do with MMs short selling shares.
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Wyatt Earp

07/13/10 2:48 PM

#143079 RE: LoneGrey #143063

LoneGrey/RE: Selling

Unfortunately, as long as selling occurs, the MM's can continue to do what they have been doing without control. You as well as many here understand that at least one MM has to break rank for something to happen here. This is not happening.

Wyatt