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Re: thephenomenon post# 12642

Saturday, 06/27/2015 1:52:45 AM

Saturday, June 27, 2015 1:52:45 AM

Post# of 47865
Now that is interesting. You are hearing that some big money momo players say to heck with MJMJ because of that filing. I like hearing that actually. First off many of those guys are bad not good for a stock. See what many of those guys do is they front load and then start pumping. You may think a stock needs their money but they don't put in any more money after they have front loaded. While they are front loading they don't tell anyone so in all reality while they are buying they are usually not helping the price rise. Once they have front loaded they then tell their followers to load up and then the group as a whole starts pumping. Another reason it can actually be good those big momo players don't enter is because they tend to crash the stock hard once they have had their way with it. Believe me when I say they are not nearly as important as you may think they are or as good for a stock as you might think. Not all of them are bad for a stock, some are, some arent. Depends on how they orchestrate.

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