Manipulation

In a sure sign that shares of DNDN were manipulated from $24 down to $12 before being halted in the afternoon, shares opened above $25 in after hours trading after the halt, after a great conference call. Shorts got a reprieve, cross trading with other funds, market makers took out the weak retail longs, and Wall Street was richer, even those that bet wrong. The losers were the longs who had stop-market orders filled.

There should be an investigation by the SEC, but my hopes are dim. NASDAQ did a quickie investigation for possible "erroneous trades" before declaring all trades stand. How does one make a 2 million share "erroneous trade"?

As for DNDN itself, I'm looking to take some profits off the table, and keeping a core holding for long-term growth. If folks held on with no stop loss orders, you're still green (up) today. I told you to expect fireworks today!