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.
Non-Tech : NovaCare Employee Services (NASDAQ:NCES)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AreWeThereYet who wrote (171)9/10/1998 1:41:00 PM
From: Apakhabar  Read Replies (2) of 376
 
Andy, I know it's gospel, but I've never really understood why a small float is so encouraging of manipulation. Can you explain it? I would think that a stock like NCES might be able to be manipulated for a point or so, but if it was really just b.s. manipulation, after a point or so buyers would come rushing in. A former MM once told me that manipulation does exist, but it usually is short-lived, often lasting only as long as it takes for other MMs to figure out what's going on. He did not think MMs conspired together, in other words. Perhaps he was talking about big-cap stocks only, I didn't ask back then. What is it about the small float that makes it attractive to manipulators?

By the way, thanks for your excellent analysis on the Hong Kong situation over on the THQI board.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext