Bid /Ask Spreads - Market Manipulation Message Board

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Non-Tech : Bid /Ask Spreads - Market Manipulation

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To: hoyasaxa who wrote (157)	10/26/1996 11:21:00 AM
From: Arto Gueriguian	of 308

Hi jgsolari3. Rule #1)Sell on good news. Rule #2)Buy on bad news. I don't know much about this company but the price that the market pays today for any stock (forget about manipulation for now) is discounting what is going to happen in 6-9 months in that particular company and not the good news that you hear today.So why this particular stock went down, my guess will be profit taking after the news release about their profit. Arto

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