posted
I am going shopping, anyone else want to come? What company's are you following right now that are suffering from the postponement of the naked shorting rule? Let's make a list, do some DD and see what companys we can enter that will best take advantage of the situation. For example, GZFX, tons of good pr's coming out, good product, but 6 strait down days due to MM manipulation. Is it a coincidence that is when naked short rule was postponed to April 1? Let's fight them back. Anybody have any companys?
Posts: 145 | From: Seattle, WA 98125 | Registered: Jan 2004
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posted
Everyone wants the SEC to abolish shorting, yet everyone wants liquidity. The two desires are in conflict. Who buys the shares you wish to sell?...the retched MM's. How can they afford to buy your shares sold at the peak of a pop?.... because they short those shares. Granted, naked shorting is a crime and harms us all. Shorting by those horrible MM's is what keeps the market liquid. You can fight them or join them. Choice is yours
Posts: 1019 | From: Are You With The CIA? | Registered: Dec 2003
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quote:Originally posted by Mac the Knife: Exactly DQR,
Know your enemy. Keep them coming. GZFX, CDED, let's go, who else?
Know my enemy?....nope, know my tutor. NITE has been at this game longer than me. NITE is the biggest because they are they best thus far. I watch NITE like a hawk, if nite is above ask....BUY, if nite is below bid and on ask....sell. Now that is for today, who is to know what MM will overtake NITE's position in this game, but for now NITE is the MJ of this game.
Posts: 1019 | From: Are You With The CIA? | Registered: Dec 2003
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posted
JRSE might be. I honestly dont know how to tell for sure. I would have thought on the best news they could have LAST WEEK it would have been up from where it is.
PAUL
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
posted
Some ones that I have seen taken down are WGFL, ADOT, PLKC, ARSW and MASG. A number of these started to make a comeback at close yesterday though. We'll have to see how they open this morning.
Posts: 254 | From: Indiana | Registered: Jan 2004
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posted
Thanks guys for the replys. Keep them coming for everyone. This MM stuff is going to be going on for a while so let's all stay on top of things and be ready for April 1. BTW I wish everyone good trading today. Mac
Posts: 145 | From: Seattle, WA 98125 | Registered: Jan 2004
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quote:Originally posted by DiQuiRiesco: Everyone wants the SEC to abolish shorting, yet everyone wants liquidity. The two desires are in conflict. Who buys the shares you wish to sell?...the retched MM's. How can they afford to buy your shares sold at the peak of a pop?.... because they short those shares. Granted, naked shorting is a crime and harms us all. Shorting by those horrible MM's is what keeps the market liquid. You can fight them or join them. Choice is yours
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