InvestorsHub Logo
icon url

TotalPackage

04/21/09 9:55 AM

#166415 RE: neomanic #166405

I just stick to facts. I talk to the volume along with how the stock was priced according to what I saw in the PPS. Often as happened this morning, they establish a ceiling and despite sufficient volume to go through the ceiling and establish a new high, they hold the ask in place or even lower it despite the up volume that is present.
icon url

cloud3

04/21/09 9:57 AM

#166418 RE: neomanic #166405

Before you do that, wait and see what happens over a longer period of time, and make sure you know what you're talking about. Too many posts about something that isn't necessarily egregious can have unintended consequences. I too think MMs are suspect in many stocks, but sometimes there's a rational and reasonable explanation - traders tend to want gaps to fill, trendlines to be tested, etc. I remember the story The Boy Who Cried Wolf; I think reports like that should be reserved for blatant and egregious manipulation. Otherwise, eyes will gloss over it.