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kayakzz

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kayakzz

Re: tikasun post# 12612

Friday, 11/11/2011 1:13:02 PM

Friday, November 11, 2011 1:13:02 PM

Post# of 74539
Tikasun:

The problem with chart watching with these sub micro stocks is that one purchase/sell for as low as $100 will show up on the chart. Which means that the chart is really reflecting the view of one (or a very few) other people. Additionally, it is easy for someone to scam you, ie buy $1000 worth of shares to run the price up and then dump a pile of them. I am pretty sure the last major price jump GLER had was a concerted effort to "buy the price up" and then unload a mountain of shares. It's illegal but very common and very effective.
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