I personally think the institutional holders are dumping nice and quietly. As soon as the numbers are posted and it becomes reality watch this dive at that point when RIMM is owned by retail investors hehehe.
It's called naked shorting. Easier to monitor as float is much smaller than current reports. Market makers short shares are being logged. There will be an investigation. Naked short sellers will go to jail and be heavily fined. That will be one of the big breaking stories in the not too distant future.
We are now code 5 long. For you ignoramuses, that's maximum throttle on shares being bought. It also allows us to closely monitor intraday and longer term naked short manipulation. Changing or altering cusip numbers won't work either. A lot of manipulators going down on this one, already in the books.
It is really good to hear there is something being done about the naked shorts.
If Bernanke and SEC wants to bring the economy back, level the market playing field...ban naked shorts. So investors can invest in making profitable business, instead of having naked short skimming the cream off the top.
Question: I have the impression that NY stock exchange is more orderly than NASDAQ. Is it still true nowadays?
Thanks for the code "5", I am loaded. Thanks to the dips.
Like clockwork. Absolutely dependable. Every time a stock goes into free-fall, the wailing and crying about "naked shorts" comes from the dumb sucker longs. You just can't accept that you made a bad decision and bought a bad stock. It has to be the fault of some sinister mysterious conspiracy.