News Focus
News Focus
icon url

mjkiii

07/05/12 4:49 PM

#15808 RE: Geico #15806

Not only in Canada...

And there you have another day, where at the end, with a few adroit tiny trades, the share price closes right where the powers-that-be want it to finish the day. If we are not individually tied to some time frame then it really makes no difference to our profits over the long term. When the time is right, the news will come and the profits will be following. It is just a challenge to understand the puzzle when one only has access to some of the pieces. Anyone have any updates from IR on when the 'expect' approval so that they can send out the proxies? Could it be that they now have the approvals in hand and are just awaiting the completion of the necessary trades? Only the Big Dogs know.....
icon url

Implanting

07/05/12 6:13 PM

#15811 RE: Geico #15806

I believe any stock can be and MOST stocks are manipulated. Penny stocks are just easier to manipulate because of the smaller share quantities they trade in. I guess the positive spin would be when larger buy volume starts moving back into the penny-miners that should lift the SP more rapidly.

Most of the moves in PTQ happen at the beginning or end of the trading day. The time in between is usually dead time.