OK, DOC,
I respect your opinions, but I am confused by your post,:
1: Looking at L2, I don't see TNTO as involved in the stock as ISLD and NITE, what am I missing?
2: I understand how piling on the ask, can drive the price down, but I don't understand how setting the bid so close to the best bid would panic shareholders or traders. Would it not be better if they dropped their bid below 1, and then moved it back up, as the ask dropped, and sellers moved the price of their orders down?
3: You also said: "They can panic the stk because of the artificial $1.00 support and cover if they are net short." would it not be better for the Hunts to try to convert what they have, drive the price up, and then sell into the buying?
I am by no means proficient in the stock market, and I hope my questions do not seem too elementary. But, in any event, I do find your posts to be very informative.
Thanks. |
