Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: Question for GWhatesmidgets re MM manipulation
3
Nov 21, 2007 05:58AM
1
Nov 21, 2007 06:12AM
1
Nov 21, 2007 06:30AM
2
Nov 21, 2007 06:57AM
1
Nov 21, 2007 06:59AM
2
Nov 21, 2007 09:54AM
1
Nov 21, 2007 10:13AM
1
Nov 21, 2007 11:59AM
1
Nov 21, 2007 03:21PM

Sorry np...should've posted the link.  What he was saying was that the MM would sell the price down during the day causing weak hands to fold and have his partner in crime place big trades after the close just above the asking price (but still at a bargain).  In this way the MM is able to accumulate shares cheaply....at least this is what I understood him to say. 

Anybody on this board that is 'trader savvy' please feel free to correct or clarify this type of manipulation.  


Nov 23, 2007 05:58AM
Share
New Message
Please login to post a reply