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Strategies & Market Trends : Ride the Tiger with CD

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To: rubbersoul who wrote (66154)11/13/2006 5:48:33 PM
From: zoo york   of 313010
 
Hi John!

OSK is so thinly traded that it only takes one medium size order on a market sell to smack it right down. The problem is that some people just dont get it, and putting in stop losses on a low volume stock just makes them a target. You get one sell that clears out all the stop losses and then the stock gets walked back up, with the end result that one guy picks up a whole bunch of cheap shares. I do not have market depth, but check to see if one house did most of the buying today, and you will have your answer.

cheers!

COACH247
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