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Re: lumpina post# 1571

Tuesday, 06/18/2013 10:18:25 AM

Tuesday, June 18, 2013 10:18:25 AM

Post# of 2041
Me again. Correct me if I'm wrong because I'm not an expert at day trading.

It seems to me that after the earnings report, there are those (insiders? traders?) who expect this stock to go up higher in the coming weeks. As a result, they push the price up every day in order to tease people who are down $$$ to sell (like me) so they can buy those shares at a presumably low price (future wise).

Is this a plausible idea? Because if this is NOT the case, the stock would have gone back down to the low $1 after the report as it did in the past.