InvestorsHub Logo
Followers 14
Posts 1960
Boards Moderated 0
Alias Born 04/08/2006

Re: JackedOnCaffeine post# 136699

Friday, 05/04/2012 10:00:56 AM

Friday, May 04, 2012 10:00:56 AM

Post# of 157299
Jacked, thanks for the response. LJ is what I was was thinking too.
As far as them selling into the market. Yes it will hit the SP, but depending on the nature of news volume can be in the 10's of millions of shares or more. I've seen this happen several times in my 27 years of investing. Even heavy selling positions are overwhelmed and the SP increase is substantial. Those that wait to buy are usually canceling and raising bids on orders several times in order to be filled unless they are market orders. It even happened to this stock in the 2005 hot air fiasco. This time it won't be hot air if and when it happens.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.