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NorthStar Realty Finance Corp. Message Board

  • dar200 dar200 May 14, 2013 5:18 PM Flag

    Looks like classic manipulation by shorts

    My gut feel is we watched a classic manipulation day. My guess is short monkey is affliliated with and/or working for somebody (or entity) with a large short position. Monkey writes a hatchet job released after the close yesterday. Dumb lemmings panic on it and sell down to the low 9.40s where the shorts working with monkey start to cover.....it traded in the mid to upper 9.40s for quite a while, gradually creeping back up, which spooked non-participating shorts into covering, causing a short squeeze until 9.94 shortly before the close when the shorts working with monkey unleashed a new round of shorting.

    This short group, if it exists and did this, made money today and are trying again with a new short round.

    Stupid lemmings will never learn.

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