InvestorsHub Logo
Followers 6
Posts 811
Boards Moderated 0
Alias Born 10/09/2012

Re: tobinator00 post# 38686

Saturday, 07/27/2013 12:37:34 AM

Saturday, July 27, 2013 12:37:34 AM

Post# of 68424

I have followed the daily trade of Vringo for a year now. I can't recall a single occasion that the price spiked higher on absolutely no news.



it has done so quite a few times actually.. the biggest was back in october when someone called Maureen winters posted a fake report that GOOG was about to settle. at that time the price spiked up to $5.80 if I recall correctly...

no doubt there are high frequency traders playing this stock as well as shorts and as soon as they detect a spike in volume they tend to kick into overdrive and push the stock even further.