SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Y2k_fan who wrote (1239)7/14/1998 1:26:00 AM
From: DrMedina1   of 2534
 
This is the third week of the month, when the MM's must report their short positions. You can expect them to do everything they can to knock the price down to shake shares to cover their shorts before the report is due.

We analyzed the trading logs from today. Over 85% of the volume was on buys. Nonetheless, the MM's were naked shorting all day, trying to knock it down after every buy.

Notice how they lowered the bid and asked after the last trade to try to make the close look weird -- i.e., above the asked.

For the last three weeks, buying has exceeded selling by a considerable margin. Yet, as we all know, the price has moved down.

The MM's can only win this game if we sell. This is the critical week. If we hold, they will be forced to cover. When that happens (no-one can say exactly what day it will occur -- it's when they decide to throw in the towel, not necessarily when the report is due), the short-covering itself will take ALYA's price to the next level.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News