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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Re: Wed morning thoughts - Al
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jsq
Nov 27, 2007 09:51AM
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Nov 28, 2007 01:34AM
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Nov 28, 2007 01:53AM
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Nov 28, 2007 02:30AM
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Nov 28, 2007 02:32AM
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Nov 28, 2007 02:56AM
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Nov 28, 2007 07:16AM
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Nov 28, 2007 07:27AM

Hi selocj, yes by the smaller bids I mean the 1,000 share bids, or 2,000 shares by the same house doing the bidding. Then you look on the ask and a one house sell is sitting there for 30,000 shares. This is when they are trying to scare the small investor, he sees that huge wall of shares for sale and he sells his shares. Often the house that has that huge ask in for the 30,000 shares is the same house that is buying those 1 k or 2 k lots. This is accumulation by that house. Once that house has accumulated enough shares, they pull that huge ask wall down and the stock starts going up in share price. At this point the same house that accumulated those cheap shares now sells those small lots that they bought at lower prices. Many times if the small investor doesn't fall for this and actually starts to buy into that big wall at the ask, that particualr house will pull that large ask also.

Lots of games played by the market makers. Especially on the TSX-v exchange. The house is stacked and its not in the small investors favour. LOL...and thats an understatement.

 

Al

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Nov 28, 2007 09:43AM
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