Haaareee, you want to know about the recent $21 buyin? Well first tell me if you've ever heard of a buyin to begin with. Now that you've been educated on that subject which most people haven't ever heard of, please cite to me any other time (except IBUY-we all know Cery is counseling his new found friend in crime-TRAV) that you or anybody else you can find, that an above market buyin has occurred, ever.
While it is standard procedure to get bought in near the high of the day, above market buyins are always the sign of criminal activity. Think about it; if you have a good, but overvalued company (let's say AOL, DELL or YHOO for example's sake), the fact that one is short takes care of the matter. In other words, the position moves against you and you lose money.
There are no instances of reputable companies/stocks or market makers that do above market buyins (none, zero nada). Not one, pup. TRAV=CRIM. If you are a legitimate person and an interested investor, the transference of $1/2 of a million through illegal means should not be something that you cheer on (120,000 shares*($21-17). If TRAV gets rid of all of the other market makers through his manipulative activity, which takes time and legal effort to stop, where will the spread on this stock be? What will you do when TRAV drops the stop because he decides that the regulatory waters are too hot? Or are you Aaron Travis and a direct beneficiary of this BS? |
