Replies to post #142001 on Liquidmetal Technologies Inc (LQMT)

[KanadienEh]

To get a pump and dump rolling on a stock like LQMT, a stock that has long term emotional involvement of a large cross section of investors, you would have to gauge several factors.

The first, of course, is how much money the perpetrators are looking to make in a week.

Then you gauge the average daily volume and the bands of the share price.

For that quick pump and dump that just happened, someone probably acquired 5,000,000 shares while we were in the .20-.22 cent range.

So it probably cost a million dollars. But then there’s also the cost of whatever it takes to get the volume up to 5 million shares last week (Wednesday I think).

I think the Wolf of Wall Street is all about pumping and dumping.

So buy a million dollars worth of shares at an average price of .21, then sell them at an average price of .25 for a one-two week return of 19%, less production costs (production costs included the imputed price of churning the stock between accounts to get the volume rolling and the price where you want it.

Looks like a good business to be in.

Once the stock price starts heading to NASDAQ levels, we should be safe from all but the richest pump and dumps, and those are the ones that are legally conducted on a daily basis by Jamie Dimon et al.