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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: iowamann, Spam Queen who wrote (7292)10/2/2000 6:43:40 PM
From: FLACK  Read Replies (3) | Respond to of 100058
 
Iowaman re: THE DEADLY ART OF STOCK MANIPULATION

Has a familiar ring to it.
The author seems to be talking about Penny Stocks, of which
most of us have little or no interest, since we are aware
of the ease with which these low volume "dream" stocks
can is manipulated and wielded like a weapon to crush
uneducated, unsuspecting (read Gullible) investors.

Stocks with liquidity are much less susceptible to massive
manipulation by a few greedy institutions.
In fact, I quite often see the opposite at work in
high liquidity stocks.
When these stocks reach new highs, the buyers flood in - and by the size and volume of the trades, these are not your average mom and pop retail investor.
Likewise, when support levels are breached, the selling kicks in (in earnest) ie YHOO when it fell
through 115 then 110 - QCOM when it sunk below 100



To: iowamann, Spam Queen who wrote (7292)10/2/2000 7:05:01 PM
From: bcrafty  Read Replies (1) | Respond to of 100058
 
iowamann: new "contest" proposal

Today we saw FLACK make a wonderful gain on PDII. He modestly ascribes the gain to "dumb luck, you gotta love it."

In an effort to raise some of the spirits on this board during this somewhat dreary spell, what do you think of having everyone tell one of his or her "dumb luck" stories that delivered a nice profit. I'm sure everyone has one; I have several (come to think of it, that's how most of my profits are made).LOL

Let me know what you think. Maybe you can start off.