SP today

[Mountainbiker]

NQ not showing much today...it has to do with MW's comment on twitter??? Damn it!

[kshen]

the cash flow seems to suggest a lot of short action that's for sure. All positive momentum gets trashed real quickly. Unfortunately most of the institutions who would buy are already in so shorts have some free reign to do their dirty work

[Mountainbiker]

I think MW and the shorts are using this last 2.5 weeks to cover before the ER and audit news.

[TrueValueSeeker]

I do not think short sellers have 2.5 week. They only have time before audit release. It could be within one week time frame.

[Mountainbiker]

Here comes the shake out....

[kshen]

keep in mind the market also turned to shit as well. You might have some institutions paring back their investments

[Mountainbiker]

A number of Chinese names are also in the same boat. Quarter end this week...they need to lock in some profit to show results....

[Mountainbiker]

If we do not fall below $18 today, the low is in, we are looking at it!

[TrueValueSeeker]

Today's SP may be part of due to this articel and part of short sellers attack.

This is in today's investor business daily front page. This is not NQ specific. Nothing to worry about.

China Accounting Flap May Need Help From Obama, Xi
http://news.investors.com/economy/032414-694410-china-stock-fraud-targeted-by-sec.htm?ref=HPLNews&p=full

[Mountainbiker]

Today's SP may be part of due to this articel and part of short sellers attack. This is in today's investor business daily front page. This is not NQ specific. Nothing to worry about. China Accounting Flap May Need Help From Obama, Xi http://news.investors.com/economy/032414-694410-china-stock-fraud-targeted-by-sec.htm?ref=HPLNews&p=full

Good find...I think the smart money took out the $18 stop loss...not above $18 again. A very good sign.