The Secret Lives of Shorts...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
IMPORTANT READ FOR ALL LONG" INVESTORS ON SI: I
wanted to ask you all something fundamentally important to ALL
of us. It is pretty obvious that Market Makers are trashing good
stocks and bad lately. It is brutal...I am sure you have noticed.
Microcap 50 index is down 6 weeks in a row... some 14%
LOOK HERE... a must read on MM Shorting tactics. It uses ALYA as
an example but note how the MM's pump up to get maximum
ASK PRICES when good news comes out, and drop the BID PRICE
when things die down to panic investors into selling and picking
up cheap shares to cover. They can make 20% or more each day
by doing this on large amounts of shares. (please click on the link
below and see the excellent post)
NOTE: this is not only on really quality stocks like ALYA but
hundreds of others every day; in fact it is much worse on most
other stocks because long term investors are in ALYA who buy
dips
exchange2000.com
ANOTHER MM TACTIC:
Also, on most stocks, they are slowly walking down the Bid on
small sells and in some cases "walking down the bid" on buying!
They apparently feel that they can go short and get the share
price down eventually to cover. This happened on MTEI recently
with 3 to 1 buys over sells. On SGNC they held the B/A firm even
with massive blocks of buying and good news, and then moved
the Bid/Ask down 20% when things slowed down. It has stayed
there and not recovered.
******** READ ON... THE BIG NEWS...massive scandal?
I have been playing detective, forming alliances with others I
trust with connections, and have even been interviewed by a
reporter for the Wall St. Journal (along with others in DGIV)
doing a story on BB stocks, MM manipulation, and PR firms that
are even shorting companies they are representing!
A MAJOR SCANDAL BREWING?
Others whom I trust have stated that MM's are being paid by US
Brokerage houses and big boys to work through Canadian
Brokerage houses to short stocks, as shorting BB stocks is
apparently allowed from Canada of US BB stocks. (NOTE: in the
US, shorting is not allowed in non-marginable stocks under
$5.00)
YET ANOTHER MM TACTIC..."the STOCK DETECTIVE"
MM's are lurking on most SI and YAHOO threads and looking for
a ripe moment to hire shady firms like the "STOCK DETECTIVE"
to discredit even some pretty decent stocks like DGIV, NUKE, and
DCHT. See "STOCK DETECTIVE exposed below:
SEE HERE...a MUST READ, especially the last 3/4 of the article
referring to the shady workings of the Stock Detective, who itself
is connected to AXESSS, a pink sheet stock of very dubious
history.
exchange2000.com
PLAN OF ACTION:
Just curious if you think there is any hope here? And an effective
course of action.
I suggest we all call our local SEC officials and implore them to
look into this problem more seriously. I know they are
overworked, and I know new regulations are coming in a few
months (i.e all listed companies must be fully reporting) but we
are being taken to the cleaners....NOW!
I have already started calling SEC officials and my contact at the
Wall St Journal...we must all do that, IMO.
Of course finding great stocks, laying low, and holding long term
is the best strategy, but seemingly hard to organize people to do
that.
Jim |
