RE:RE:RE:Shorters - What Tale Do They Tell?OK: Is the MM only a phenemenon only on the TSX???
Maybe, maybe not.... have a look at what they're saying "over the pond": "
MM Manipulation of the share price - again.Today 10:53
I do find it unacceptable that MM can manipulation a company share price, for their own benefit and drop the price completely disproportionately to force people to sell.
The selling at the start of the day was very slow and mainly small amounts of selling, which amounted to £26,000 and the MM dropped the bid price repeatedly down form 27p to 23p. The £26,000 is 1/2 % ( 1/20) of the value of the company and they drop the share price by 4p.......Which is 15%. Totally unacceptable. At some time I hope the government ( probably not this one) will investigate this ridiculous situation."
"Mental stops" are the point to ponder for the day. The MM's cannot "gun" for a mental stop... that way you can keep your shares for the (possible) pay day when the extent of the (PB hyped) "monster/beast" unfolds.
FWIW - GLAP
Cheers
Stanley