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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (7652)4/11/2005 2:43:31 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Yep.... mo-mo's and/or some big gun taking up short positions I suspect, methodically walking down the ask all the way.

So far RSTG has traded more than twice the average volume.

That's one of the risks with thinly traded stocks that have very limited trading floats, it is just too easy for somebody to step in and muscle the stock one way or another unexpectedly. And the fact that it trades in the nether world of the OTC exchange just makes it all that much easier.

But it's a dangerous game, because if somebody has a big short position there now, that makes RSTG a setup for a short squeeze by somebody stepping in and giving him a taste of his own medicine in reverse.

T