There has been several posters calling the buy and hold philosophy espoused by some like Warren Buffet as manipulation. My take is that if the markets were trading as they should on a demand and supply basis there would be no manipulation since as the demand for shares increased and the supply of shares diminished the price would increase until the buying and selling of those shares came into a balance. Of course if the laws of supply and demand had not been followed and a bunch of non existant shares had been sold to a group of folks, who because of the internet, were savy about abusive naked shorting then I could understand. Those sellers are worried to the point where they must do everything in their power to get back as many as possible of those non existant shares that were sold hopefully at a price cheaper than they were sold for.
No doubt some folks have been or will be scared into selling but by the same token there are many folks who are just now hearing about the FLD's and will be buyers. Interesting days ahead to be sure. Used up my one and only post here early. Go EIGH!!!
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