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Scumbag Fraudsters

08/25/20 11:03 AM

#10474 RE: AndreasC #10472

Oh bullshit!!


You know how many times I've seen dead POS's that suddenly began seeing massive volume because "someone knows something" or "something big must be coming?"

And then NOTHING happened?

A lot.


I'll reiterate what I've said ad nauseam before on this site:

Volume is NOT always an indicator of anything, and volume does NOT always precede price.

I've seen 100 million+ share days where the price never budged.

And 200 shares sometimes moves a stock more than a million does.


Inexplicable high volume could be from a MM or P&D group who's been monitoring the boards and sees people getting excited about a stock, so they take a large position of .0001s and wait for the fish to start biting.


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nsomniyak

08/25/20 1:10 PM

#10477 RE: AndreasC #10472

Maybe someone got a tingle in their foot due to their Good Vibrations Shoes! :)