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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: Lilian Debray who wrote (2068)6/21/1998 10:01:00 AM
From: maxed  Read Replies (2) of 5206
 
Hi. Lilian. First let me say that I know nothing about using charts. But I do have a question. Would it not be easy for someone to influence indicators on a chart when dealing with a penny stock. Say the guy that won the $120 million on the last power ball decided to spend $200,000 on say KRT and started buying at all the ask prices. The volume and price would shoot up pretty quickly. Would this not cause other people who rely on charts to join in also even though there was no fundamental change in the company? With higher priced stock it may be O.K. but isn't it risky when dealing with these prices? Eddy.
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