Friday, March 16, 2012 3:03:06 PM
You haven't said anything. 3% turnaround in the stock means what? 3% don't believe in it anymore so they sold? Or 3% are stupid investors selling to high IQ investors? Who knows, the stock will move on news and nothing less.
Brokers buying it? That is a stretch, insinuating this stock is interesting to brokers and they move it. Maybe yes, maybe no, just like your useless "statistics", and beside brokers are mainly only interested in new issues because the last one got 9% commission plus 9% of the shares were given to brokers as broker warrants which have now expired. You do know what a broker warrant is don't you?(Crash go the chariots of useless guessology.) My broker charges 1% to trade so she is a lot more interested in a commish on a new issue than telling me about some hot stock to buy in the market because if it interests me I will possibly just do it with my discount broker for $10.
More likely people who own money tell their brokers what to do and the broker executes the trade for him. That is the relationship I have with my broker on this stock. The only broker I know following this stock is the one in Vancouver who got the listing commission when they did some pp, but whoopee do, that is meaningless.
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