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Re: ferretmoney post# 909

Thursday, 09/30/2010 8:50:05 AM

Thursday, September 30, 2010 8:50:05 AM

Post# of 22684
I dont understand why all the longs think its possible for one persons opinion to influence how an equity is traded. Stocks dont move because you, the private investor, buy it, or sell it. These arnt penny stocks. Market makers send hundreds of millions of dollars through these equities, then they move. We dont make the stock move, they do. So if all of you decide to sell your 100 shares of Arena kiddy chemistry set Pharma, at the same time, all it will do be bought by the locals. Big swings like we saw are made by automated and institutional trading. So if someone is telling you, no it wont happen, its for your benefit. There is no such thing as pumping a nasdaq security.