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The Cheap Investor

05/25/07 10:07 AM

#61362 RE: Jimmy Quick #61354

We all know it is extremely difficult to buy at the bid or sell at the ask. If someone is being paid to pump or bash HISC at these prices, then even if he is able to sell five million shares at one-tenth of a mil profit, he makes five hundred dollars minus commission costs. To me it is illogical that anyone would pay somebody and then work on these razor-thin margins. The up or down in the PPS will be determined by the performance of the company. As we have seen before, when momentum buying comes in, no basher or pumper or market maker, can stop the stock from appreciating in value. It just seems logical that pumpers or bashers would be involved in other stocks where the reward would be much higher.