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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (7789)7/6/2000 9:44:20 PM
From: Wayne Rumball  Read Replies (2) | Respond to of 11130
 
Well I think it's true what lance is saying, the manipulation allows the seasoned trader to make fortunes on OTCBB's, meanwhile "investors" lose fortunes.

Think we are really only skimming a little off the top of the MM fortunes though.....



To: Jim Bishop who wrote (7789)7/18/2000 6:12:37 PM
From: ChrisJP  Read Replies (2) | Respond to of 11130
 
Not so sure BBAN's "walk down" was an MM trick. lol

biz.yahoo.com

I think that when millions of shares of a stock get dumped, the price tends to go down. I think that when millions of shares of a stock get dumped, it's usually a sign that the people connected with the company don't have the same high hopes for their business prospects as they used to. In the case of BBAN, that's sort of an understatement.

They even released a PR back in April or May when the dumping started saying as much. It was there for everyone to read when BBAN was at $3.

But what do I know.

Chris