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Saturday, 07/26/2014 1:02:51 PM

Saturday, July 26, 2014 1:02:51 PM

Post# of 40495
This is where we all get to experience the "new" markets. As we see time and time again, market pull backs due to profit taking and shorting are just as efficient as market runs triggered by actual good news.

For the most part this simply results in share prices that pretty much end up going no where for any significant period of time. If you get a run started, as soon as that run ends the share price pulls back to where it began.

There is no way this stock should be trading around $3 pre split, but it will not only do that but will most likely trend lower.

Why you ask. Anyone watching the trades the last week could see periods where the bus and sells had a significant difference in price.(the spread) When the spread is that wide the M&Ms are making big bucks on most trades. They had larger than normal volume and took full advantage of it.

If we drop low enough the same action will repeat itself. They will make a ton of money even though the net result is the share price will have gone nowhere.

Those that bought and sold will have made some money, those that shorted and covered will have made some money, those that buy and hold will have made practically nothing. THE M&Ms WILL HAVE MADE A TON!

ANY WONDER WHY THEY WOULD WANT TO DO IT AGAIN. THE MARKET IS NO LONGER FOR THE BUY AND HOLD PUBLIC FOR THAT REASON.

IN THE LONG TERM THOSE OF US THAT HAVE BOUGHT AND HELD WILL MAKE MONEY BECAUSE THE COMPANY IS DOING GOOD THINGS! Unfortunately the other groups and of course UNCLE SAM will profit more heavily.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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