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To: marcos who wrote (47417)8/16/2007 4:54:45 PM
From: maxncompany  Respond to of 78421
 
"Thirty years today since Elvis left us - just connect the dots, folks!"

I was wonderin' what was goin' on today.



To: marcos who wrote (47417)8/16/2007 5:02:43 PM
From: grusum  Respond to of 78421
 
(elvis)

he's still here... ran into him in a coffee shop a few days ago... not lookin' too good though..



To: marcos who wrote (47417)8/16/2007 6:00:42 PM
From: russet  Respond to of 78421
 
A few of the .285's were my buy, but I didn't paint the tape (although I was thinking about it). Looks like it was someone with BMO who bought a few at .325 a few minutes before the final trade.

Also looks like some poor bugger got his/her margin position sold out by our friend Anonymous broker.

Brokers carry lots of free stock and warrants from the record number of PP's lately. They will probably attempt to push week market depth stocks down into stink bids on weak days in the next weeks, while at the same time selling their margin clients holdings to produce more weakness. They will not allow clients to short sell stock now, but they will have no problem borrowing their clients stock holdings and shortselling them into weakness for the brokerage accounts knowing they have warrants and shares to cover the short. Of course anyone wanting to buy stock on margin will be allowed,...think about long margin a bit and you will realize that the brokerage can loan the margin buyer house stock to buy, which is equivalent to the brokerage going short.

All this short stock talk leads me to another recent change in U.S. markets,...it is no longer necessary to short on an uptick in a stock price. You can now shortsell into a weak bid. I'm sure Canadian markets will follow the U.S. lead soon, which will give the brokerages even more power to manipulate stock prices down to make lots of profit for themselves.