Alan,
I usually work 3 12-hour days a week. Just my luck I'm stuck on 5 eights this week..:( so I missed out on today's opportunity. But, after reading all the posts at once tonite, a strange thought went through my head. Follow me.
We know that some shares, if not all the shares of the ghost companies are in the float and have been for some time. Is it possible that all this time the MM's have not been shorting EUTO to the extent that we have speculated on? I mean sure, there has to have been some shorting, but, is it posible that the glut created by all the additional "paper" has, in and of itself, created the price stagnation? (Humor me some more<g>) Now suppose the ghost companies knowing they are under the gun, call the MM's up and suggest they help them out by walking the price down soz they kin scarf up 4 million shares today. The MM's respond with a "Okey dokey, but, make it fast as there are gonna be a few SI folks who will probably start grabbing some shares as well". Might explain the sudden volume with a price drop and then a rapid rise which would also indicate their strategy. Might even indicate that this is gonna happen several more times<BG>. I only postulate this theory as I have a hard time believing that a bunch of investors sold today based on yesterday's news- especially after waiting all this time!!!!! Why sell today-on good news??!!??!! And look at the volume!! Something else happened today IMHO. ;-)
Theo |
