InvestorsHub Logo
Followers 9
Posts 403
Boards Moderated 0
Alias Born 06/04/2006

Re: Way Truth Life post# 12210

Wednesday, 09/20/2006 7:12:34 PM

Wednesday, September 20, 2006 7:12:34 PM

Post# of 38584
That's my point exactly!

Volume(just like price) get's your attention! Makes you say" what the h**l just happened?" Someone commented about the 38% up day the other day... that should have been an attention getter. It wasn't because there was no volume with it. Now we have volume but little price change. As was said earlier, the shares were gobbled up pretty quick. MM manipulation? You bet! When a stock goes stagnant, and the MM's make money on volume, they will generate that volume to get the attention of buyers. Once they are convinced the up side volume is there, they will let the price run and make the rest of their moneys on price. That having been said, if they don't get convinced, and there isn't news to suppliment their acts, then the bottom falls out and they score once again on volume... at our expense.

Just my theory smile

Karl



The shortest distance between two points is a straight line... in the opposite direction. Caddyshack