RE: How long will the pumpers pump?For whatever it's worth, nothing I read on this board influences me to either buy or sell any shares of any stock. The bashers want a lower price to buy and likely will short the stock. But they can also be the pumpers trying to manipulate the SP up to sell. Other pumpers are straight traders who can't stand to watch their value of their investment drop as a result of the SP manipulation They believe this board is the primary cause. The true value of any stock will be what the market is willing to pay. When significant news is released, there will be nothing the shorter can do to manipulate the SP as the volumes will be out of their range of control. If they are not in position to benefit accordingly, they will lose their shirt. However if they are positioned correctly, they can make a killing. Until that time shorter can manipulate the stock price with minimal volume trades in the hopes to instill some panic and reacquire or sell the shares they owe.
This is a great time to get in to BNC, even if you are a shorter. A SP variance from $0.58 to $0.40 within a few days with no realistic rationale is normally the work of a shorter. For the shorter, this equates to a return of about 45% if they timed it right. In today's market, that's an impressive return. However, if they haven't bought back their shares and the news hits, they're as good as dead. A few years back I got burnt shorting some stocks. Now I do my D.D, and it doesn't include this, or any other board.