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Replies to #19692 on lowtrade

lowtrade

12/10/10 4:13 PM

#19699 RE: Undercooked Falafel #19692

Once the pump is dumped. The play is over!!

After there are allot of bag holders hoping for the price to run again!

Many pro penny traders know this.

I say if you own 10% of the daily average volume you can move the price.

IMO here is what happens.

I buy the ask until the price moves to the next level up. Then I buy the ask all up again, and continue until I own 10% of the average daily volume. By then bag holder emotion saw the move. They start buying in to average down their bag. I start selling to make profits.

These pops seen after a pump & dump is over, is IMO caused by this. The pops don't run large because the mini dark masters only own 10% of the daily average volume to sell. It's not like the original pump & dump run, because that one had many many more shares accumulated low before it happened.

IMO these pops, months after the original P&D, are just pro penny traders. Playing the fleece the retail herd game, mini sized!