Hey, to short a stock can be just business. Lots of fine, ordinary folks do. But those who short and then go on the message boards and try to scare or manipulate the most shaky investors, gosh, that's a bit different.
Trading in RDWR in the first hour today was super-slow.. about 40,000 shares in the first hour... many periods of five or ten minutes with no trade at all. Now there is a game which two or more shorts can play with small stocks ... it's more of "scare the shaky and try to get a panic started," of course, and here you can see why all the effort goes into trying to scare a few, even just a few, on the message boards. A time to play it can be after a run-up, when there's some profit-taking and a pause in buying. (My guess --- just a guess, I've got no secret info--- is that we had an institution building a position as RDWR ran up to 29.)
So this morning a couple of times, when it was "sittin' there" at 27 or 27.125 on virtually no volume, a real low bid came in a few times and sat there for a while, and then would be met with a real low ask to match a couple of times. We're talking transactions of 200 or 100 shares. Sale. Then the streamer would sit there for up to four minutes with an ask maybe 1/2 above the latest, ergo, no other sellers at that price. I just couldn't help but wonder if I was lookin' at that slightly-illegal game, "bid it down on no volume and shake 'em out." Whatda you think? (It's slightly illegal when buyer and seller collude from motiveto drive the price up or down, but a little hard to prove, of course.)
Just remember, it's YOUR shares these fine gentlepersons want to shake loose. And why are they so persistent? Cause they cleaned up for a few months... and missed the sea-change in the market a few weeks ago. And why don't they see trying to scare loose shares as cowardly? I leave that one to you.
daily, published 2 days ago a big interview with young mr. Zisapel, rdwr's CEO. he sounded very optimistic altough he didnt released any major news. he said that the arropoint deal in not a problem for rdwr and that he expects its whole market segment to boom in the near future, alongside the growth in the ecommerce.