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muscleshoals

12/15/10 1:05 PM

#21262 RE: geoiguy1 #21260

No guarantees in life...doc may tell me bad news today...so be it...thats life .... but I chose to be positive or negative in my perception and actions...I like the positive side of life....even with the crap we deal with daily...sure beats the alternative huh?

Sud13

12/15/10 1:12 PM

#21265 RE: geoiguy1 #21260

I sometimes think it is not only MM's who controls the run...There are traders who trade in and out several times in a day and what they do is, they first sell at limit price and once selling is complete, then sell few shares (5k, 10k shares e.t.c) at market price and that triggers MM's to take the price down heavily...they load back again at cheap prices...Repeat, Repeat, Repeat as long as there is 'momo' in the stock.

JMHO.

bag8ger

12/15/10 4:35 PM

#21315 RE: geoiguy1 #21260

I'm displaying my ignorance here: I thought penny stock orders were handled electronically, without a personal presence of market makers.

How can MM's short a stock, or is there built into the software they use the ability for them to short by keying a signal.

I hear traders complain about the scumbags business owners who dilute, enter into convertible debt, etc., yet more money is lost to those marauding pirates who call themselves traders of some ilk, who swoop in, hype newbies into buying the shares they want to sell, then vanish.

They are no less morally or ethically responsible for the losses incurred here than the scumbag owners of scam companies.

But they call it a chessboard, and bagholders are pawns, in this case lured into playing by trader-spread bullshit so that traders can harvest the crop they fertilize.