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Re: chugger post# 2016

Thursday, 07/22/2010 4:48:45 PM

Thursday, July 22, 2010 4:48:45 PM

Post# of 56374
In my opinion it is the MM's or day traders that try to manipulate the stock price up or down based upon what their objectives are. The other day I put in an order to buy and only got 5,000 shares, after which the price went way up and no further trades.

Obviously I used a limit order, otherwise at market, they probably would have set up several levels to fill the order at higher prices until the order was filled.

I would not worry about price fluctuations on a day to day basis especially with low volume. If you see high volume and high price increases, somebodies is being stolen from unless there are good market reason for it.

More stability will come, so I am not selling, however buy when the MM's force the price down. Just don't get sucked in as they try to increase or decrease the price with 500 or 5000 shares.

The 5000 I got cost about $28 and I had to pay $4 to buy. Not a good thing, unless I sell at $1/share in six months.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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