Tuesday, February 21, 2012 12:37:40 PM
-
and since the MMs are not stupid, that's their motto
-
so you can infer, if it's being knocked down by the MMs, then they want to buy, or even accumulate. or at least buy or accumulate to benefit "the 1%" . their most favored clients .
-
and you can also infer, if it's being pumped up by the MMs, then they want to sell, or even liquidate. or at least sell or liquidate to benefit "the 1%" . still their most favored clients .
-
years ago, too many to count, i watched Moore, a paper company ( now gone ) get knocked down from $12. to $2.50 at the lowest. ( i had bought 1000 shares at $12, originally ) i was a bit inexperienced, but i managed to buy some at $8, and $4 as it was going down. a friend called me one day, and he really said this, "if you liked MOORE at $12., you'll love it at $2.50 !! " and then he laughed. i managed to buy just another 100 shares at $2.50, a rather significant mistake.
-
i sold well over 1,200 shares at $19.00 some months after. THE MISTAKE WAS NOT BUYING MORE MOORE AT $2.50. a true story.
-
BE WARNED, this MOORE story played out over 2 - 3 years, at least. the ride is never easy. and usually not short either !
-
i learned that those who want to buy or accumulate a stock, have the absolute power to knock it way way down before letting it rise. this is a central and eternal truth of this game
-
read the life story of Jesse Livermore, " Reminiscences of a Stock Operator" . he got the game, and he was a natural at it .
-
http://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore
-
snowiegeorgie
-
-
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM