RE: Buyer Unhappy Camper? - deBeer
posted on
Jan 19, 2005 04:26PM
As for the speculation (Moxa); this is not unlike prior (probably useless) speculation. Got better explanations? The short covering explanation could be justified if EDIG were on ``the list``, but it isn`t. And, since FLRC has demonstrated its ability to manipulate through the power of the bid, seems that if they really wanted to drop the price (to cover) they could have, rather than prop us up at .33 for 5+ days (though that argument also holds for short covering). And remember that FLCR acts on behalf of institions and such (not the individual retail investor, though this too does not negate short covering). But, as with any such relatively ``blind`` speculation, either or neither explanation could be right, assuming an explanation is really needed. As usual, I tend to speculate with a positive stance (silly me...), and hope it isn`t the source of my undoing.
And I KNOW friggin` nuttin`!
SGE