Hi Gibba, everyone sees it different, the bulls see it as being capped, the bears see it as weakness and sell lower, some see it as pure manipulation.
Very hard to really know what goes through everyones mind at any one time
I remember putting 350K of a stock on the sell at 31.5 when there was another 600k odd in front of me, I was going to be away for 1 week so I really didn't care as I had bought the stock at .27 and it was then trading at 28.5.
When I got back after a week the trade had gone through, I looked through the particular posts of that stock and found that my sell was accused of being a " capper " and subsequently was tested and taken out.
Yep, me a capper LOL
ps. remember when Rene Rivkin would suggest not to pay more that xxx cents for a stock, there would be 1000 buyers at that price and not 1 a half a cent more.
cheers
Add to My Watchlist
What is My Watchlist?