Tonto,
Martin may be great at that, but he/she/it didn't try to get jack here as far as I know. If he/she/it did, he/she/it has the worst way of presenting it, period. Then you have Martin fostering this indecent "I told you so" attitude that is down right ignorant. Did I go over to NETZ and continually rub it in anyones face, NO. Infact I don't know as if I have ever seen martin do anything except badmouth a stock, not that I follow martin around anywhere. This concept could/would/should work, the problem is there are to many people looking to benefit from the decent people, and then poor follow thru hampers it even more. What you really need to effect a squeeze is about 50 to 100 people, who are committeed A) to the company and its future, B) Have deep pocket (and I do mean DEEP) C) Don't get scared when the MM's are playing there games. I still find it ironic that in the beginning the nays said that most of the illegal naked shorting never happened.... I do honestly believe that MK was one saying that... and then out of nowhere that Billion dollars reared its ugly head.. I know you have read it, (I am assuming a bit much here, but your obious experience on this market leads me there) so what it that settlement telling you? It tells me EVERY GOSH FOR SAKEN MM has screwed you, me and everyone else here, and it was illegal. The Billion dollars is just a way they can continue to do it. Gotta love this country. I do believe I got into OVIS for the right reason.. for the squeeze... No, not to become a millionaire, although it would have been nice :-), but to stand as a united front against this BULLSHIT. What do you think of this for a concept? You have about 3 million dollars. Find a company with a float under 2 million, that is trading under .20 cents. (there are plenty of them.) You continue this by talking to the company and get to know the ceo and the business... over time. When you decide the time is right, or the company, you start buying shares... small blocks, maybe 20,000 or 30,000 a day, until you own the float. Even if you avg .50 cents, you will still own the float. and then you can make a masssive attack with the rest of your capital. Now if you have the float tied up, and you make a massive attack on the market, say 100,000 shares plus, they will sell it to you. They will try and shake shares lose to get, and drop the price and short the whole time by selling you shares they don't have.
Of course you won't sell and eventually they will be screwed. Now I know you would have to register your holdings, but it doesn't matter, if you own everything, they will have no choice... calling for the float in one big certificate, hell call for more then the float, that would be a hoot! I think you get my point. They will sell sell sell, because they know they can induce selling... what happens when you own EVERYTHING and then some, no worrying about anyone else getting cold feet, just you... We know what happens, MM goes bankrupt, heck maybe 2 or 3... or they have to meet YOUR price. Simple Supply and Demand. Sorry to be so long winded. Hopefully someday, this is what I will do for a living. The SEC and NASD are not going to do anything about it. I think honestly catching FSCO sleeping would be like finding an oasis in the desert... and them pockets are deep.
Rob |
