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dijeetyet

10/03/10 11:50 PM

#416 RE: TraderForLife009 #415

IMO the finance deal is the cause of the shorting
and it's not naked it's covered shorting due to the financing.
The naked shorting myth is created to cover up these deals and keep folks buying up the stock and buying into the "mm's need to cover" myth while the dealmakers cash in running it down to .000's.
I think that offshore entities short into these deals and buy a bunch at the bottom so that when the financing is done they can make more $ as they run it back up.
JMHO