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Strategies & Market Trends : Value Investing

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Lance Bredvold
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The_Commodore
To: IntoOLEDs who wrote (65655)12/9/2020 2:01:03 PM
From: Elroy4 Recommendations  Read Replies (1) of 78777
 
The gap down appears to have been a manipulative dip for market makers to pick up an inventory of shares on the cheap

"A manipulative dip"......seriously?

We've all seen wild swings in the days after big announcements. My hunch is they are caused by the "less smart" money interpreting the big news differently from the smarter money. There is no "manipulation" by some secret conspiracist cabal controlled by market makers, George Soros and Satan.

There are sellers, who sold, pushed the price lower, and then buyers who disagree with the seller's opinion of the news, and buy and push the share price higher.

No one was manipulated to do anything.
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