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Friday, March 30, 2012 12:37:00 PM
I will admit I am deeply intrigued by this behavior and I endeavor to understand it better. At this point, it seems to me that stocks like these are traded by groups of people smaller than , say a thousand. Some are certainly insiders. These are the folks who get news that the outsiders can't get too often, but my suspicion is that if a few dozen people get wind of a significant development ( a rumor in most cases) this is all it takes for a spark to quickly turn into a fire. When the fire fails to turn into raging beast, most- who just don't really have thick enough skin to weather such wild conditions- jump ship.
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