Did anyone notice the new SC 13G filing on 1/30/2013 by BackRock Inc? Current position 4,862,963, 5.59%. Position by 9/30/2012 is 1,769,032. Any thoughts from any one besides Diamondgirl? It is amazing that shorts can cover more than 2 million shares and BlackRock added more shares all in last 2 weeks and this POS still dropped more than 10%. What a #$%$ up MM?
it's all the unregulated dark pool action, they can do whatever they like with the price basically wiping out retail investors. look at nflx..really the stock goes up 50+ points in one day? they held it down letting their buddies cover then released it. biggest criminal activity. why are mutual funds regulated and hedge funds not? just doesn't make any sense. trade secrets? biggest lie when you here that argument
agreed. u think wallstreet buys high, and sells LOW !!!! once a new team member is on board, the price will go back up. U know its all about margin accounts !!! these guys also new margin buying power, shorts margin works in reverse.