Blatant Manipulation

[TxPm]

Another day another short attack...one thing I think is interesting is last quarter we had Net Buyers...you would assume anyone buying last quarter would be adding more now that the stock has come down yet we keep coming down

[admin]

Well, while it can go lower still, one has to realize all kinds of disasters are being priced in and if these fail to happen, which is what I believe, the stock can go back up even faster than it went down.

[TxPm]

I agree, only thing I would change about your statement is that disasters aren't being "priced in" they are being "forced in" or "manipulated in". All of our major holders have continued to hold their positions or add more so they clearly aren't "pricing in" or expecting disaster

[admin]

Yes, you're probably right. This too will pass..

[TxPm]

So there is no public news, no rumors today in public forums yet somehow we are down 6.5% & have in the first 1.5hrs of trading surpassed our avg daily volume. Somehow I doubt this is normal buying and selling

[j.coolaid]

Though nauseating, this is what most of us have come to expect from this gang of thieves...Glad I wrote covered call hedges on 21 contracts with december expirations...Debating within my brain whether to cover at the moment...Trying to concentrate on what's positive given the trade today..wrote 60's, 62.5's, and 65's the past two weeks....Though I own many leaps that counter them longer term..

[TxPm]

I wrote Dec 85's & Jan 100's back when we were in the 70's & I closed them out this morning & bought more ATM calls for Jan. this is oversold on every level so even IF we don't get news in the next several days (which I think we will get news) we should see a technical bounce soon enough...just my take though

[jake990037]

So there is no public news, no rumors today in public forums yet somehow we are down 6.5% & have in the first 1.5hrs of trading surpassed our avg daily volume. Somehow I doubt this is normal buying and selling

There is a rumor, actually, fwiw, from heathersoil on yazoo that JKM is "moving on, without Phil, in a different direction".

http://finance.yahoo.com/mbview/threadview/?&bn=72dee70a-8d52-344d-94e2-bd463b806ffe&tid=1354067794372-58b5dddd-bab0-4412-91f3-5a6a1bcebd2e&tls=la%2Cd%2C14

[Palm]

"Heather" is a fake. Came on Yazoo quite a while ago and was crude in her humor and all excited about how rich she was getting from IOC. Then one day about a month after "she" started posting she suddenly went negative when nothing had happened that should have caused that. People often asked "her" why she suddenly went negative and "she" never explained. Then started feeding off of Michael S's negative news from his sources and has since claimed he is the all-knowing. His sources ar the same as some who post here and it's always disaster (Shell only one involved and will squeeze IOC out, EWC kicked to the curb, $0.50-$0.75/mcfe is highest bid received, resource is suspect, manamgement are liars, etc etc etc). "She" is not to be given much if any credibility IMHO; been more wrong than those she accuses of same.

[Palm]

And BTW, in the real world there are no indications that JKM has "moved on"; that is an old rumor