GREY:CLLZF - Post by User
Post by
watch4iton Jan 28, 2008 12:05pm
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Post# 14273302
CLL manipulated to force margin sales
CLL manipulated to force margin salesDay traders and institutions want to see if they can scare up shares by lowering the share value of CLL.
Below the $3.00 mark margin holders will sale cheap stocks.
CLL is worth way more but this shows how the money and computer trading can cheat investors out of money on stocks.
CLL is a dog stock due to the ability of a few day traders & institutions to manipulate the stock. Until these individuals and groups lose money on CLL or find a better stock to manipulate the price will remain lower than it's real value.
Real value right now should be above $5.00.
If there are long holders of the stocks they would be smart to have small sales orders for Real value and counter the day traders "Pump and Dump" of CLL stock .
Yes, this is how the corruption of the stock market preys on certain stocks.
Can't see that changing for CLL unless others force prices higher by selling off at higher prices on small volumes.