Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by ferrido5on Jul 27, 2011 3:52pm
345 Views
Post# 18880023

RE: Buyers strike

RE: Buyers strikeRadamesb, You are absolutely right. Shortsellers have become hostages of their own greed. They don't have enough volume to cover. Huge amount of shorted shares don't allow them to do it without huge spike in the SP and as a result reduction in their profit. They keep selling to each other creating artificial volume and killing in the process gullible retail investors (aka victims) who seeing every day lower SP and getting sucked into that whirlpool.
Their activity has nothimg to do with a free market and it's pure manipulation of the SP by big trading houses. I am pretty sure they are on the phone with each other every day coordinating their actions, but since it's impossible to prove, their legitimacy rarely questioned. I dislike these criminal pigs as everybody else does, but many times in my life I had to thank them for getting cheap shares of great companies whose SP was manipulated to completely ridiculous levels. My advice is just stay patient, collect your dividend (even in case it's reduced) and don't worry about every day price fluctuations. I still believe in short sqeeze coming very soon, triggered by Q2 results and remain confident that my patience will be rewarded.
Bullboard Posts