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CLAK

04/04/12 1:24 PM

#62386 RE: swing_trader #62385

That's because all they are doing is talking about it not doing it, come on you know buying pressure moves a stock up and buying pressure is not sitting on the bid.
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Warmy

04/04/12 1:25 PM

#62387 RE: swing_trader #62385

So what do you think would happen if 50 million shares were bought at the ask between now and close?
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MikTrader

04/04/12 1:32 PM

#62396 RE: swing_trader #62385

I agree 100%. Unless everyone bought at the ask at the same time (not going to happen) would there be any chance of movement. I do think that if a large majority of shareholders placed a sell 5-10% above the ask, that could create some pressure upwards but the MM's could still keep it down if they wish. Regardless, you can't blame anyone for taking profits when they are on the table. This is a crazy world down here. :-)