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6,615 Posts.
1
02/06/15
21:27
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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.
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