Shorts(some) who want to keep the price down,
thrive on intimidation, such as vicious rumour (reverse split etc),
which are usually total innuendo and unsubstantiated,
accompanied by extroardinary efforts to keep the threads talking
about it, (I admit that by defending the long position I am
in a sense adding to their cause).
In this case they have frightened the **it out of everybody,
and thereby managed to keep the price down, but their strategy
begins to fail when the price has gone so low that no one
is willing to sell, or is beyond being frightened into selling
their shares...10 or 20, or 30 thousand shares here is no good
to them they need hundreds of thousands of shares, and they
certainly dont want longs in there competing with them to buy
more!! They rely upon their thread posters to keep up the
"rumour" for as long as necessary...but the longer it has to be
done the greater the hole they dig if they get it long.
To all those who say that I am alluding to a CONSPIRACY I say...
Get a grip!...there is nothing wrong with shorting, its a sound
way of dealing, its only the methods used are the opposite from
longs who have to be encouraged to buy, whereas, shorts
encourage(intimidate) longs to sell!!!! |
