I don't think the MMs give a rat's ass about the fndamentals of the company. They care about one thing: Making money from us. As I posted a few days ago, the fundamentals of a company are irrelevant to the MMs. What they care about is volatility. If the market won't creat volatility, then they will. Notice how they keep playing with the bid and ask, with wide spreads etc. For all: if we believe the company will produce and deliver and creat some very real earnings, the buyers will keep buying but no one will sell low, thereby forcing the price to rise, at it should. However, if we "buy" into the MMs. tricks of lowering the Bid, creating the mental impression of: "Oh Shit, the stock is tankiing, I better sell now!"..... Then the MMs will have us selling low to them, then they sell in back to us at a higher price, they make their cut, and on and on......... They only way to beat them, is not to sell at their low prices. Of course, this takes large stones and a steel gut and the absolute believe that our company and its managment will, in fact, deliver the goods. If we believe that, but we are wrong, we will be selling at much lower prices later, if in fact we can sell then. If we are right, we will watch the MMs eat their positions (I can't wait for that) and we will watch our boat rise in the rising tide of our stock price. So we all have to ask ourselves the same questions........ Do we believe?
Do we believe in the company? Do we believe in managment? Do we believe we will have earnings? Do we believe time is on our side, and not on the MMs?
DO YOU BELIEVE? IF SO...HOLD. IF NOT SELL. |