I know I shouldn't waste my breath but I can never resist a good fight
now,how do we get ordinary punters,to drive up the price of our stock,simple, WE TELL THEM WE BOUGHT. XXXXXamount of shares.and 100, at $30.25 becomes, $30.35, and another 300 buy becomes. $30.45.and another50 shares become,$30.55.and then the kiss of death.some floor trader gets an offer to sell 5,000 at $30.75. ergo the poster makes $1000,dollaroonies.
I went back and check and from my first buy to my first sell about on NNC 60,000 shares changed hands. That is $2.5 million dollars. Sure a heads up might draw the attention of a few people on the thread who may buy a couple of thousand dollars if the stock looks good and move the stock .05 (if it even moves) but I don't think anyone with $2.5 million is lurking this thread. On large stocks a heads up is not going do move the stock, they are driven by people far more powerful than you or I. The above example you gave is an illiquid stock...one of the things we want is volume.
you must have big cajolies keith.no true investor or daytrader would put out eighty thousand,to make a pittence of 500 american,GIVE ME A BREAK,
You must be kidding. What do you think day traders all over the U.S are doing. They are scalping as low as 1/16th of a point with a 100K on the line. Yes I risked 80K and got out with just a thousand profit on that one trade. The trade looked like it was turning on me...should I have held?
i have made great money. from just lerking.so don't come forward and say you are posting to make other people money.
You summed it up nicely. If everyone lurked there would be nobody posting. Would you like it better if we all stopped posting our picks and our buys and sells. Then how would you make money?
Best Regards
KEITH |
