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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (12393)9/18/2002 1:10:45 AM
From: mishedlo  Read Replies (1) | Respond to of 16631
 
What does OTCBB have to do with any of this?
On POS stocks (ACF for example) they keep, rising and rising and rising and rising in spite of the fact that they aare heavily short.

Same with BS like GNSS ESST and NVDA.

At some point (a point impossible to detect) much of that short position is transferred to MMs, or STRONG shorts who just short and stay short.

Impossible to say when that happens but I am sure that it does. Same thing at bottoms. (after enough accumulation stocks gap up for no reason. Stocks also gap up or down at whim just to get people to trade.).

If the MFers did not get short enough they rally it and short more and more till "bad news" KNOWN IN ADVANCE drops the bid dramitacilly.

I am 100% in favor of NO GAPS. Stocks open where they closed. Earnings reported at 10:00 AM every day.

I am sick of BS manipulation AH, earnings where the result is known in advance as well as what the reaction to the "news" will be.

I am 100% in favor of daily short interest figures instead of monthly.

I am totally tired of gap ups(down) of 5% or more on as little as 100 shares of stock, often on news that is not relevant to the stock in question at all.

M



To: The Vet who wrote (12393)9/18/2002 2:47:33 AM
From: Dave Gore  Respond to of 16631
 
"If all shorting selling was public information and immediately available none of this would be possible."

"As it is kept hidden and non-transparent there is always the suspicion that it is hidden for a reason; to protect the guilty."

Ahhhhhh.... I guess we all knew there were reasons that they won't give us daily or real-time short interest information. I think we should all send your post to the SEC, DOJ, CNBC, Business Week and about any place we can think of. I hope you do. Maybe put more pressure on the NASD and others.

Can you imagine how much manipulation would be cleaned up if we could all easily see what was going on? It's all this hidden crap that ought to bug the heck out of all of us. Imagine how much easier it would be to prevent big losses or trade more effectively, too.