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Re: Dutch1 post# 47381

Tuesday, 09/18/2018 12:32:02 PM

Tuesday, September 18, 2018 12:32:02 PM

Post# of 52844
These are my words, posted almost seven months ago.

Yesterday, the price jumped just over 60%, and the volume that day was only a few thousand shares. In fact, one trade that was made that day was responsible for the entire jump in the price. All of the other trades that day were made at the price of the last trade.

On other days, I've seen trades of a few hundred shares move the price by more than 30%. I knew that if I made market orders to buy the stock, I wouldn't get a good price, so I placed limit orders and waited patiently for someone to be drunk enough or desperate enough to agree to my ridiculously low purchase price. Whoever has been selling me the stock at prices that I liked and in amounts that I liked will have to explain his actions to his family and/or his Board of Directors later. That's his problem, not mine.




These are Dutch's words, posted today. I added a space between two pairs of words, to correct a typo that he made, but I left alone a spelling mistake he made. "Where" should've been written as "were".

It seems like somebody was certain these price moves on small volume where no red flags



Dutch, what makes you think that anything I've said recently contradicts what I said then? The first trade yesterday was for a few hundred shares. That trade dropped the price by over 23.5%, so everything I said last February was justified by yesterday's trade.