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Wednesday, April 02, 2014 3:30:48 PM
sense to me is when people say the whales are coming
into a stOck for example, the price always goes up.
Why would it necessarily do that? I mean, wouldn't
the whales want to buy as dirt cheap as possible as
us commoners? I know they have more money to invest
obviously but why wouldn't they want as many and as
cheap a price as possible? I think it's funny that
people mass sell and run for the exits when whales
are buying yet the price hardly moves or if anything,
goes temporarily down. They just want to maximize
their profit as much as we do. Same as when a company
does a share buyback. Why buy at .001 or even say
.0005 when they can buyback down here at 1 or 2?
I'm not saying that is what is happening here. But
it just would not surprise me if the company wants
to save money and buy as many shares back and as
cheap as they can. But when news comes out, you can
be sure the real action will start and all the whales
not just the ones already bought in a bargain basement
prices but those who will buy at any price and will
be buying as quick as the sellers can sell them.
That's the way I see it anyway. I could be way off
on this. But it's just my experience that everyone
wants a big a profit as possible...whales included.
GO ITVI!
$$$$$$$$$$$$$$$
mikewazowski
ITVI
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