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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (3074)4/10/1998 1:01:00 AM
From: bigtime  Respond to of 4718
 
yeah fIXER I,m all ears as well. I'm learning the ropes so explain in detail how you would short a stock

BIGTIME



To: CIMA who wrote (3074)4/11/1998 2:47:00 AM
From: Steve Sanders  Respond to of 4718
 
Even though you probably know how already but it is quite easy to short stocks. This is one way. Puts lots of buying depth in above the ask 30,000 shares at .35 50,000 at .36 40,000 at .37 etc. hit every bid on a given day - this drives the price down - people see selling, say a lot of crap on the internet to feed the selling - others sell, you buy it at 4 or 5 cents less. You are a trader, no commission - you make money. Put unsubstantiated good things on the internet - people feel better - remove the selling depth - predict higher prices - price goes up - do it again!!!

This is just one way it can happen when there is not a lot of news or news releases from the company. People read these forums and some of them panic and sell into the game. Hype gangs work both ways up and down. They make money both ways. It is usually easier when it is low and not much happening.

I would guess there are other ways as well this is just one.

I agree with whoever said to watch for a prediction of prices because you can be sure that if you buy when its going up, every 10 cent increase you will be buying the hype gangs paper.

Isn't it true by the time we hear about it the ones that are telling us are the ones whose paper you are buying.