DTE dart energy limited

shorts are burnt, page-41

  1. 612 Posts.
    Looks like it was just a flash in the pan.
    Tip sheet recommends a buy because DTE is undervalued.
    Suckers/subscribers come in and buy it up.
    ML have what they want - more new share owners they can easily shake out.
    ML dump millions of shares and millions more, completely swamping the buy queue. When you have 42 million borrowed shares you can reverse a torrent like this morning's buying. They did it on March 28 and they're doing it again today.

    News and tip sheet recommendations are irrelevant to Dart's share price. The only factor that has had any impact for over 12 months is short selling by Merrill Lynch.
    They don't own the company. They don't even own any shares in the company but they completely own the share price.

    After they've done this a few times who will be game to buy Dart again? Their shortselling is a can't lose strategy.

    Is it manipulation ?? Not according to the market regulators.
    Well if it isn't manipulation, what is it?
 
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