Replies to post #7431 on Viper Networks Inc (VPER)

[Moonesar]

Drop like a rock?

No, most people will just sit with their shares of we dont have news by Monday because they knows news will come eventually .. some people will get out because their impatient and want to flip another stock but most people that have brains will just sit .. doubt it drops significantly .. too many people buying big blocks on big dips for it to "drop like a rock"

[brokenarrow218]

clueless.. eom

[TheHappyVulcan]

I very respectfully disagree that people do not buy when there is no news. I am a novice in a way, not many hours in the air as it were, but all of my experience is with stocks whose prices start with three zeroes after the decimal point. I cannot begin to count how many times I have watched these sorts of stocks move by 30 to 150 percent in just a few hours without a hint of any news anywhere that I can find.

I will admit I am deeply intrigued by this behavior and I endeavor to understand it better. At this point, it seems to me that stocks like these are traded by groups of people smaller than , say a thousand. Some are certainly insiders. These are the folks who get news that the outsiders can't get too often, but my suspicion is that if a few dozen people get wind of a significant development ( a rumor in most cases) this is all it takes for a spark to quickly turn into a fire. When the fire fails to turn into raging beast, most- who just don't really have thick enough skin to weather such wild conditions- jump ship.