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Re: B BALL GUY post# 45446

Friday, 12/26/2014 12:58:49 PM

Friday, December 26, 2014 12:58:49 PM

Post# of 49480
What else can we expect with no news for 6 months. It is end of year and people make choices. Do I sell this one or that one. Did I make enough profit on this one or that one? Will it go up any more. I have had this argument with a friend for a while. He claims the price is driven by sellers. I claim there have to be buyers for seller, the real drive is news. People buy because they feel good about a stock based on the news about it. And at end of year, when people need to balance portfolios, if there is no news, people are more likely to sell a stock than hold it. They may regret it later, but they don't care now. Well Merry Christmas, I hope everyone got what they wanted, and I hope you have a Happy New Year.