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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?


To: ISOMAN who wrote (335)7/31/2000 7:07:00 PM
From: Taki  Read Replies (1) | Respond to of 1426
 
I will answer your question Joe.
1)At that moment the MMs will be watching carefully
the stock, and one another.One of them decides
to do something like covering, and all of them
drown together.(The battle will begin.
2)The Lord NITE decides to lift it up, and the stock goes bananas, and then he walks on attack in
and has most of them holding bags.
He is untouchable on this.
3) They might not sweat.
4)They all holding tight, and wait after the split
to drive it even lower, and see what price the will cover.
5)Naked short a lot more and see what happens.
6) It might take weeks to have your stock delivered,and you can scream as much as you want.
In my opinion naked shorting should not exist ever.
Shorting yes.Borrow the stock and do as you wish.Naked shorting destroy the little companies.
Put these Canadians in Jail.And first and most ISOMAN.
The MMs by driving the price down big time,then
they are forcing the little company to dilute
at ridiculous prices to pay their bills.Sad Story.