(1) Collusion of the short hedge fund manager and the market maker. If the ask is at $1.24, with a size of 10,000. shares; then any purchase including ones of 9,000. shares will fill at $1.2399. They have to protect that ask/size and not let it drop. (2) Painting the tape with small sales at the bid. The short hedge fund will, (all day long), naked short sell 100 and 200 shares lots at the bid price to create an atmosphere of fear and You can easily see that it usually happens within a small fraction of a second after any purchase at or near the ask. (3) Naked shorting of large blocks at market when both the Dow and Nasdaq are rising. After a period of time that the overall market has dropped and begins to rise, usually about 15 minutes into rise of the markets; the short hedge fund will, (with a bid size of, say, 10,000. shares), naked short sell 17,000. shares "at market" and take out the bid price.******All one has to do is to watch, to see these things happening, trade-by-trade for an hour or two.
Of course as a paid stock basher with very limited knowledge....you don't understand that there is no such thing as a 15 year moving average, or the ability to gain access to such a number.
Yes,of course. Is that why the Nasdaq REG SHO circuit breaker occurred, because there is no short hedge fund that is naked short selling every day?
Hey, both the dow and nasdaq have been up in the past few minutes, what do you expect?
....taking the price down to $1.24
And, with the market rising in the past few minutes.
This would explain completely the trading that occurred for 90% of the day. A huge, huge bid at $1.27 which the short hedge fund never touched, however, anytime the ask size at $1.28 sold down to say 1,000. shares then they immediately piled 5,000. to 10,000 shares onto the ask price.
Congratulations on your new Yahoo ID and very first post on a Yahoo message board. The paid stock bashing crew is a real hoot !
The shorts naked short sell 39.8% of todays volume or 364,926 shares to keep the stock price from rising AND STILL FAIL MISERABLY.....up 4.03% today.