WTE wedgetail mining limited

exposed?......., page-15

  1. 10,605 Posts.
    lightbulb Created with Sketch. 26
    re: exposed? life in the real world Guys, all of you have been around for - awhile ? - yes?

    Get over the issue with capping etc etc, where its done its done to accumulate a supply of cheap stock. The large trader/s that are doing it generally have research (or have inside) to likely events and know which way the stock is likely to go (if its down then they will prop the stock up to unload stock and build a good short position up, down, what difference.)

    Once they have a solid base of cheap stock they will hit the bid hard. They want the stock to run and the momentum traders (who dont care what the fundamentals of a stock are - just want a quick profit) to pile in. Then when the stock has a head of steam up, they either dribble in their cheap stock and/or smack it with a big line, whatever the conditions will support/require according to the next move or liquidity.

    They'll smack it if they either want to get out for good or buy back again for a future run because then they are able to average down.

    If they are effectively the market maker then nobody will stand in their way and they usually have sufficient stock to take out large but uninformed punters who would take them on.

    The, if they see future events will keep the stock going up, they do it all again, maybe in one day, a week or over months.

    Its a much safer way of making money because - lightening strike excepted - they control the game and its legal (despite what the small players might feel.)

    Don't fight the market, learn how it works.

    The real money makers cant be bothered posting on HC, they haven't got the time (what does that say about me, LOL!)

    Hope I'm not teaching anyon to suck eggs but given the sad commentary I keep reading on stocks like WTE it needed to be said.

    Once only.

    Cheers,
 
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Currently unlisted public company.

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