InvestorsHub Logo
icon url

CiscoTrader

01/26/09 8:36 PM

#10817 RE: jwwakley4 #10816

I hope this isn't a pump and dump.
icon url

drkn

01/26/09 9:54 PM

#10827 RE: jwwakley4 #10816

jwwwak.
When there are more sellers than buyers, the price usually goes down. COnversely, more buyers than sellers, price up.
If a couple of folks take profit and sell tommorow morning the price will go down until buyers buy up their shares.
If there are still a bunch of buyers lined up then the price will probably go back up.
As the price goes up some may decide that they would rather not be buyers until the price goes down.
This is by means of the price htey are willing to bid to buy the shares.

I don't think that this is a pump and dump.
Too much volume - Too many shares trading hands.

Everybody feel free to jump in if I am talking out of school on any of this.