InvestorsHub Logo

Jtechkid

06/06/11 10:35 AM

#32251 RE: Motor City Trader #32250

New markets makers involved

Its been very thin the last week with basicly nite dominating both sides of the market.

today, we have some new market makers involved.

Jtechkid

06/06/11 10:42 AM

#32252 RE: Motor City Trader #32250

Block will blow up just like Henry blodget

I'm still shocked SEC has not come after him YET.
The simple fact he is front running his position because he comes across or wants the market to believe he is a LEGIT research firm.

If your a LEGIT research firm you can't own a position or front run it. The second point Sino had massive shorting pressure two weeks before the hit piece. This is no difference from the insider trading case you are seeing today- Block is telling or hinting to friends before the hit piece is coming. The hit pieces are market moving from research firms which is insider trading or front running. He is a shock Jock and his 15minutes of fame will be over soon.imo