Cal Gary,
"Did you watch Brink and TK playing red-rover-red-rover with State Street, Nesbitt and Greenline today?"
Oh, did I ever!
Go figure, the price goes over $8, and who's waiting behind the door with a big hatchet, but Brink Hudson, our 20 DAY GRIM REAPER ("20 DGR" -- a new TA indicator).
I posted last Friday, based on Wilyolvet's prompting, that the trade history of Brink Hudson, showed they are acting on behalf of Acqua to supress the price. I was confident in what the data showed then, now I am pretty much 100% convinced.
Message 15326639
Brink is working hard to make sure the price never stays over $8.00. I also would not be surprised if Acqua has been supporting the price in the upper-mid $7s, through another house. This way they would not only keep the price in the range they want the 20 day average price to wind up, but they also make a nice spread as the volume churns in this range. The low liquidity on this stock makes it an easily manipulated, no lose situation for Brink.
I am also convinced we will see the first drawdown by this Monday at the latest.
Just like Wolf, I no longer have any concern about my investment here.
joe
(see today's trade history on next post) |
