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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,291.84
(
0.32%
)
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DeeDog

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DeeDog

Re: WealthyKing post# 5284

Tuesday, 04/24/2012 12:06:32 AM

Tuesday, April 24, 2012 12:06:32 AM

Post# of 6503
Thanks WealthyKing, people sometimes don't understand low float stocks, where one small trade can change the price drastically, and it means nothing...it's just one trade (or few trades) and/or just a few shares. I mean it's not like everyone is dumping.

As soon as something is announced in the way of news, the price will rise just as fast and it won't take much volume to do it. That works both ways, easy down and easy up.

Of course on a day like today, everyone is frustrated. I'm down a bunch of money but it'll be back. Everyone knows the future of oil.

Dee

"It's not your thinking that makes you money, it's your sitting." - Jesse Livermore

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