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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (41622)3/5/2011 1:23:43 AM
From: Spekulatius  Respond to of 78683
 
>>I think this heavy volume reflects the beginning of a "new" significant bull move in these stocks.<<

I think it's a sign of and overheated market. it has all the hallmarks of stock manipulation - have you ever read Lefevres book (Reminescence of a stock operator)?. These are signature moves of a crowd following stock manipulators into small cap/ low volume stocks. Those E&P are bopping now all over the place.

Even GMXR, which just posted abysmal earnings, went up. I am not complaining but i sold 1/2 of my shares to someone else.

Of course there is a fundamental backdrop - the upwards move of crude. But that hardly justifies 30% pops in value for those dinky stocks.