Post by fastwalker on Oct 22, 2004 0:18:09 GMT -5
Posted by: SchmedrickkIn reply to: None Date:10/21/2004 9:21:16 PM
Post #of 19138
Zen, something to consider...
About the companies tied to CMKX such as UCAD, GEMM, SGGM, ECPN, etc.
It wouldn't surpise me one bit if the MM's drill the stock prices of these companies into the ground all the way through next weekend. Why? in an attempt to demoralize all those attending the shareholders "appreciation" party in Las Vegas. To send them there depressed about why all the companies stock prices have been plummeting for a week or more. How? the same way they manipulate every other stock, because they want to. Basically another cheap shot by the crooks aimed at CMKX shareholders.
I hope for the sake of the shareholders that own those stocks it doesn't happen, but it wouldn't surprise me if it did. If so, there could be some nice swing plays to be had on those stocks somewhere around mid to late next week.
We could speculate that it won't happen because because the MM's will have to cover some upcoming dividends such as GEMM, but there may be ways around that as well, a delayed cover if you will. They could put up some of their own money short term to do the cover and swoop down and grab all those cheap shares from panicked sellers and make more money than what we or they may have originally thought.
Just some thoughts and spec-o-lations.
Schmed....
REPLY...
Posted by: narvo
In reply to: Schmedrickk who wrote msg# 19098 Date:10/22/2004 12:12:56 AM
Post #of 19138
Schmedrickk; lets hope that Roger has these jv divy co.s and SGGM mm's are under control and can not pull any more shannagins like they are with CMKX. Lets hope that the SEC/DTC are under Roger's eyes and these co.s tickertapes are being played correctly.
The buying to selling on CMKX is extremely outlandish for sure! Have a Good Friday!
