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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: CO who wrote (3536)2/17/1998 9:19:00 PM
From: FARRIS   of 27968
 
Cheryl,
Many have no idea what you are talking about -- but you may very well be correct.
For those who are unfamiliar with trading tactics on the BB -- I will try to enlighten you.
Selling drives the price of a BB stock down much more rapidly than buying drives it up. (THis is "most of the time.")
SO, if someone has a lot of money and the inclination, they sell off a stock quickly and heavily, driving the price down rapidly. (THey usually cause others to bail at the same time enhancing the effect) then they gradually buy it back at a much reduced price and very slowly raise the price in the process. This allows them to take a much larger position in the stock at a lower cost.
Does not always work, but more often than nor, it does. This stock is a prime candidate because of all the BS, both out of the company and off of threads like this on the 'net.
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