Weekend thread 3/11/2017 Melbourne cup tuesday, page-49

  1. 417 Posts.
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    I often wonder how many real humans are actually buying these spec stocks on any given day.
    e.g Friday a few weeks back it was RFN and DCC going bunta on blockchain rumours,huge volumes on nothing but fluff,which is fair enough-that's the game we play.
    But I was holding FGF,which had mentioned blockchain previously,had assets as well...Volume that day was zero.
    FGF took off a few days later and has since doubled.

    I have seen some manipulation particularly in illiquid stocks where someone is trying to accumulate.Plainly obvious that people are selling to mates down in the stack to drop the prices and scare holders.It does help me understand sometimes that question "why is someone selling at this level"--just assume most of it is bullshit.
 
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