SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NANO
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wade who wrote (1677)4/17/1998 1:59:00 PM
From: Follies  Read Replies (1) of 2272
 
Gee Wade sounds like you are out of the stock, sorry to hear that but good luck.

Based on todays volume and movement I would say its defintely not "insider" knowledge. I think because the float is so small that block trades move this stock way too much. I bet some mutual fund owned 20, 30, or maybe even 50K shares which is probably peanuts (less than 0.1%) for the fund, but they operate on their computer models which told the fund manager to dump the stock which they did, all in one day causing big movements without fundamentals changing.

If you follow the CNBC student stock tournament, the team that won had something like a 2400% increase in 3 months. They explained how they did it. They watched 500 thinly traded small float stocks and bought when any of them were down 10% or more on NO news, and sold when the stock recovered. They thought their method would not work because their paper trades were buying more than the entire daily volume, of course on paper they didn't move the price of the stock!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News