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mimurray

11/15/10 4:41 PM

#37974 RE: anbu #37973

The simple reason why they are able to get them is because there is SO MUCH bid side pressure the MM's drop it to where the pressure is. This isn't rocket science. When you pound on a stocks bid day after day, week after week, month after month, the result is going to be a declining price per share every time.

It's been demonstrated quite a few times that when pressure is applied to the ask side the stock moves up fast and easy. For some reason, people insist on buying it down. Eventually the damn breaks and interest in the stock goes floating down the river even when news does come.
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mimurray

11/15/10 4:53 PM

#37975 RE: anbu #37973

I'm not the only person that wants to see the stock go up. There are tons of us.

And this stock isn't being shorted down either. There is no evidence to support that. This drop in price is being caused from one of two possible sources. It's either people giving up in the stock and selling, or people trying to buy at the bid. The accumulation/distribution indicator on the chart proves that the stock is being heavily accumulated. The problem is, it's being accumulated backwards.