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Re: KZMike post# 3946

Tuesday, 08/02/2011 3:30:26 PM

Tuesday, August 02, 2011 3:30:26 PM

Post# of 28686
Market orders in a thinly traded stock are used for price manipulation. If someone has a short position of say 50,000 shares they place a market order to sell 500 shares at market. The market drops, depresses other investors to sell and then they clean up by closing their short position. This also is used for long positions by reversing the process. Have seen this used by groups of people to manipulate prices. This doesn't work for them in high volume stocks.

An earlier post pointed out the correlation between negative comments on the board and price movement. Ya gotta watch your backside. Long term not a problem. Short term the manipulators are working us over. Keep the faith in what you know is correct and ignore the noise.