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Re: learning curve post# 57605

Friday, 08/09/2013 2:52:13 PM

Friday, August 09, 2013 2:52:13 PM

Post# of 80869
It is because someone wants your shares. In reality it does not matter that much as far as the manipulation goes whether it is a $12 stock or a $500 stock. Have you ever witnessed a large cap stock get pinned at the end of a monthly expiration? How does that happen? The powers that be want it there and they will make sure it happens at all costs. A $12 stock with no float will move very fast if the bid keeps dropping. It is currently happening with a favorite of mine right now, MNKD. Watch that one in the next 1-10 days. It scares the weak. They can do this with PCLN or GOOG or NFLX. It happens all the time. If you can time your sells and trade this market more power to you. I have found that I lose when I try it. I will just wait for my payday and not worry too much. As long as they have a great product to sell, great distribution, great management (Bluher), and great marketing I will just hang in through the ups and downs. Personally, my first sells will be above 21 which I can see happening in Nov or maybe Oct. Nov for the next qtr earning Oct if they release improved numbers next week.