Robert: You make a strong argument. Most investors have to think as you do, in order for the manipulation to continue!
I am not saying that market forces do not make their impact. However, I believe the price is controlled by Specialist/Market Makers on all exchanges and yes on the NYSE. I have seen to many examples to believe otherwise.
Yes, I have seen those large block trades, 200K, 500K and even 800K. The blocks trade at a single price. I guess you think that some one on the other side of the trade decides at the same time to sell, 200K, 500K and even 800K blocks. That allows the big blocks to trade at one price! Right?
When that kind of volume is generated by demand from individual investors buying in much smaller blocks, this normally would be called buying pressure and the price would be moved up. Right?
The market manipulation will continue. Those that see Specialist/Market Makers and Insiders as they really are, should use the understanding to help level the playing field, just a little. Trade the markets, with consideration for what the scoundrels are up to!
I do respect your right to disagree with me and have your own opinion!
BWDIK
Regards,
LG
PS: When the trading volume of one of these internet stocks trades at twice the float in one day, you can bet big money is manipulating the stock! |
