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Post# of 129051
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wrj

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wrj

Re: None

Friday, 03/02/2012 1:01:15 PM

Friday, March 02, 2012 1:01:15 PM

Post# of 129051
IMO DAYTRADERS are known to work together, sometimes even in the same room. They use small sells to ping down the bid and then make a large buy and when the price goes up a little they sell and start the process all over again. That's why you see all the volume and wonder where all the shares are coming from. Daytraders use new money to make their flip over and over again. The only way to break this action is to not let them buy back in lower. That takes volume to override their small sells.
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