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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (21475)7/10/1998 6:47:00 PM
From: robnhood  Read Replies (1) | Respond to of 94695
 
Gersh,

<< The Specialist/Market Makers control the price. >>

I don't believe that exactly....

If they are part of a group , as I think some MM's on Naz are , yes, but for the most part , I think incoming orders control the price of a stock..

On the other hand , I think the prices of most stocks are more or less manipulated, given normal conditions..

If something like internet is the flavour, I think that there are powerful , and from this bull market, very powerful people running the show...

I've seen it over and over, rehashes of news on the wires as the stock is driven higher and higher...Very similar to penny mining stocks.

One of the very first books I read was how promoters handled penny issues. This was a long time ago, however, I see the very same stuff now , only instead of pennies , it's dollars...

russell