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Global Geophysical Services, Inc. Message Board

  • ddbikessamsara ddbikessamsara Aug 16, 2013 1:25 PM Flag

    MM's following the script to the letter

    It's laughable in it's predictability - same old tactics as last time around. It's so close to $2 now there is no way they won't keep attacking to get the sub-$2 price again. Keep some funds available and stay OFF of margin! Guaranteed a lot of suckers had stop losses posted down here and these are getting picked off by the crooks like ripe strawberries. Ah, the life of a market maker. Steal, rob, lie, cheat - who worries about the cops - these thefts are LEGAL!

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • you just don't get it - the selling pressure is real and caused by the recent quarterly report and not stimulated artificially as evidenced by the continuing above average daily volume. There are also no stop losses are taken out as the big sell orders are hidden in the ask and are moved down slowly. Someone has a huge amount of shares to offer and isn't finished yet.

      • 1 Reply to hageneriksson
      • You can believe what you want. There are 38 million shares out and the total volume since this charade began is not even 3 million, and the vast majority of that volume has been 100-share trades faked by the MM's. No HUGE holders are exiting 100 shares at a time - guaranteed.

        I get it perfectly fine - this is a typical MM shakedown and the volume is no HUGER than it was last March -April when they pulled the exact same stunt. I suppose that downdraft was also caused by HUGE sellers wanting out, then it proceeded to double in the space of a few weeks. Whatever - I'll trust my own judgment and plan on holding plus buying all they want to offer at these crazy cheap levels.

        Sentiment: Strong Buy

 

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