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clock Created with Sketch. 11/07/14
10:44
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Originally posted by hardmano
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Yes I think an advert on HC can influence a lot of day traders and they frequent HC in large numbers. I have observed this over 14 years of trading and using HC. And I'm not a day trader but I bought at 1.3 when I saw advert. It only takes 200 people to buy $5k worth to get to $1m turnover and don't forget a lot of the day's turnover would be churn (buy and sell a number of times).
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Given how slow it is today yesterday's frenzy seems very clearly to have been HC induced buying. Nice to see it holding up nevertheless.
