InvestorsHub Logo
Followers 207
Posts 10221
Boards Moderated 1
Alias Born 02/29/2004

Re: None

Wednesday, 10/27/2004 6:26:53 PM

Wednesday, October 27, 2004 6:26:53 PM

Post# of 13759
My thoughts this evening. The coast looks clear to me. The ones holding million share blocks have great control over the pps. The CEO holds the most and he is not dumping. The big holders that I know are not dumping. Even though I admit to being a trader I do not drop 250,000 share bombs. I will bleed slowly into rising share price. Remember holding a stock that was moving up nicely and then it gives up 50 percent of the move? That is when someone is dumb enough to show his cards to the MMs that he has a large block to sell. The MMs pull their bids and fear is now at the table. New investors panic especially if the board bashers have done a good job. New investors that have invested money they could not afford to lose are now chasing the bid as the MMs real them in like a little fish. I guess what I am trying to do assure the small players that the big holders that could have broken the back on our little stock are rock solid.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.