My latest question after....
posted on
May 10, 2008 03:50AM
yesterday's close is, "why was NOT manipulated basically to the end of the day?" I wondered this given that it is wholly possible that there will be significant news on Monday. The risk of being out would likewise be significant. Since that was not of concern to the manipulators, what was? If their interest is in simply suppressing the sp, then their concern is quite likely an issue of buyout costs and keeping them as low as possible. Given the order of economic magnitude that the McFaulds area represents, this is a relatively small "investment" in suppressing the sp. As a result, NOT will have to achieve it's sp one anomaly at a time with, very likely, zero speculative value added in to the sp lasting for any length of time. As the economy is perceived to be the most dangerous we've seen in a long time with very nervous investors and companies looking to find the ultimate cheap deal to increase their profit margins, given they are likewise feeling their corporate survival instincts more intensely, not much is going to be achieved easily. We will continue with two steps forward and one .... sometimes two, steps back. But we move ahead. I look forward to this coming week.