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Re: jddeisel post# 4760

Wednesday, 12/28/2011 4:37:19 PM

Wednesday, December 28, 2011 4:37:19 PM

Post# of 4917
Got any questions with short answers? lol
Bouncing is due to people selling in larger volumes when they are happy with their profits and also mainly due to MM games. They manipulate the market with tricks like paintjobs where they sell a low dollar amount at a low price making less experenced people think "it's dropping, I better dump my shares while I can" - but it is merely a ploy to buy your shares cheap and to keep the boucing going and they make money on every bounce instead of just one rise. Sometimes trying to cover short sales is a big factor also, but I'm not real knowledgable on that topic. There's a website where you can see how much a stock is being shorted. Good info to know.

I'm not a broker, paid promoter, or officer of any company. Nor am I responsible for you listening to my awesome opinions. :-p ASK and ye shall receive!

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