GREY:WFEMF - Post by User
Post by
SchiffKnowsBeston Jun 29, 2012 8:00am
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Post# 20067472
Market Makers
Market Makers "I'm starting to think it is an almagamation of Market Makers...certainly would explain today's driving down of the price! I think they saw a golden opportunity to prey on the fears of retail investors just to feed their greed."
Bingo SLD. That is exactly what ballpark I am in as well. The ole "Playing The Delay". I can give you many more examples of the same thing happening to other companies who have been delayed in releasing big pieces of news. It's an easy target as the market makers know how much time they have to cover, or to buy at lower levels.
Time for a little snapback today.