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Friday, June 14, 2013 8:52:18 PM
It works like this:
imagine 5 people sitting at a table and they play a money game.
Every 1 second; 1 dollar appears on the table, however the first person to put his hands on it the money stops and he/she gets 40%, 2nd 30%, 3rd 15%, 4th 9%, 5th 6%. Now at the first 100 seconds there is only 100 dollars and first guy gets 40 bucks of that, so nobody is going to hit that. But as it gets up to 1000, 4000, 100000, Everyone wonders when the first guy is going to put the hands down. Well eventually 1 guy does, and everyone else hurries for 2nd, 3rd, 4th, and 5th looses.
This is the same game. however 90% of the shareholders are the 6th guy, and there are some bigger guys that are willing to put their hands down at 100 seconds, because they are playing alot more games than you.
This stock moves up when financial news is released and the big hands let the clock tick. But its over when the big players put the hands down.
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