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olandug

05/04/11 11:47 AM

#5472 RE: Gwiz #5467

My evaluation in observing L2 all morning is that there is just ONE Market Maker selling through ETMM selling shares and pinging down TADF. I believe it is ETMM doing the ping down because it always happens when ETMM is usually the only MM on the ASK.

I suspect most of the share sold today are shorted shares and this MM is desperate to drive the price down and has been over the last 3 weeks. I believe this MM has a lot of shares to cover and is working primarily alone or with very few others. They have likely shorted hundreds of millions of shares at all different prices.

A powerful PR will eliminate this criminal or action taken by the management of TADF will do the job.

To fight this directly TADF management could change the CUSIP number, or reduce shares or buy back shares, offer a dividend, or use a professional service like Buyins.net to expose these shorters.


As it stands right now, there are only 3 MM's between us and .005

They likely can be taken out with a modem of volume.