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02/06/15
21:27
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Originally posted by ryan1986
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Interesting to note that the same brokers who were selling relentlessly before this thing showed any signs of life, have been buying back again the last wk or so.
I agree people - it's a sit back and wait game on this one.
People can "handle" volatile stocks they say... but only in one direction it would appear - if the volatility is green then its party time, if the volatility is red then many tend to freak out and pull the pin assuming that any downwards movement at all must mean its game over. Without the red part, it wouldn't be called volatility right?..
I'll load up some more of these soon, hopefully before news is released - Ziggy is still in the US when I spoke to Sean earlier (Sean said he is going to ask about video stream from Friday's preso when Ziggy will be awake as he was still in States).
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Brokers... gold mine.
Let's say...
A number of your clients have been given shares of a great company at a very decent price.
The placement.
When the shares clear you advice them to sell as they are 100's of percent in profit... And you get paid to make those transactions...
You use your clients money, profits, and drive down the price clear their holdings.
Once the price sees a bottom you then start buying because you know there could be decent profits over the coming months.
Maybe you even advice your clients to "put some back on the table"... an easy sell as they already know about the company.
Smart Money. We'll never win.