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Re: bag8ger post# 17058

Friday, 08/27/2004 3:12:50 PM

Friday, August 27, 2004 3:12:50 PM

Post# of 82595
bag8ger,

There is nothing 'savvy' about it. It is simple supply and demand. The ONLY way to lower the pps is to offer less than the asking price. It is the ONLY way.

Conversely the ONLY way to increase the pps of a stock is to buy all the shares offered at the asking price and thereby forcing the price higher.

It makes NO DIFFERENCE who is doing the offering. Savvy trader or misguided supporter. The price is driven down by people not willing to pay the asking price. It is the ONLY effect at work here.