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Technology Stocks : PHGI -Perihelion Global, Inc.
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To: creede who wrote (455)1/14/2006 9:48:33 AM
From: rrufff  Read Replies (2) of 827
 
What he posted has some credence, Creede. I often post about MM abuses. However, to be fair, let's look at the big picture. If Astrom wished to get the share price out of the cellar, it wouldn't take much for him to do it. You've posted a bit about his lifestyle early on, so clearly he can afford it. If he believes that his company's stock is being manipulated by the MM's, he can buy up the rest of the float, take the steps to uncover any naked shorting, and stop issuing more shares given his incipient revenue streams. If the MM's are manipulating, it's likely because they have seen the history of r/s's and are waiting to cash in on the next one.

If Astrom wishes to screw them, he has a perfect opportunity now to stand up and prove that he is not the manipulator just going for the next r/s and dumping opportunity. This new approach would be such a shock to any MM with a short position that the stock could very well run as that poster suggested.
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