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Strategies & Market Trends : Ride the Tiger with CD
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To: TheBusDriver who wrote (51071)5/9/2006 12:42:05 PM
From: Condor  Read Replies (1) of 313106
 
It is common when a pp is going to be done, the price of the stock is pushed to near the pp price until it is done (for SEC appearences sake I suspect). Once done, the market forces are allowed to resume which usually results in a rapid rise of perhaps 20%. That is my experience. I see it time and time again, infact, it is something that I usually use to my advantage on taking a position.

Others may care to comment.

C
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