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.
Microcap & Penny Stocks : BASHERS POST THEM HERE!!!!!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry Voyles who wrote (89)6/30/1998 10:36:00 AM
From: Janice Shell  Read Replies (1) of 390
 
Is this blatant, illegal market manipulation? Is it a legitimate exercise of market forces? Should daytraders not talk to each other? What's your opinion?

If the traders in question are market makers or brokers, then it's most certainly illegal. If we're talking about private individuals, it's certainly collusion, but I doubt if they're breaking any laws.

However, in most cases you'd need either a large number of participants (awkward, and the scheme might be leaked by someone), or players willing to deal in very large amounts of stock (and getting rid of such amounts profitably can be a problem). As Henry's pointed out, BB stocks tend to be news driven, so if you miscalculate and something hits the headlines, you're in trouble.

But of course it happens: the old repeated pump and dump. And yes it'd be nice to see it stopped, but I'm not sure how that could be done.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News