Re:How ya doin Scrappy Pappy.???
in response to
by
posted on
Oct 11, 2013 03:51PM
Even though the SEC has determined that there has been cases where certain persons were PUMPING some stock for personal enrichment purposes, By and large, Blog postings usually have no influence on the S/P of stocks..
However!!! For those who own certain stocks and follow the postings to get a sense as to Where it might be headed,, (up or Down), there is a certain amount of influence to cause some shareholders to decide to BUY or SELL..
It does appear from the latest RASH of negative Posts,that one could conclude,,,Rightly or wrongly,, That this stock should be sold while there is still time.
It is surely a personal feeling, that must determine ones decision..
BUT whatever the choice that is made, one cannot dismiss, out of hand that , their decision was influenced by what was posted,as well as how many times, and by how many posters..
IT is well known by most S/H's, That there are Traders who specialize in PUMP and DUMP activties on volatile stocks..
There is ample reason to suspect that this is happening here..
Have a nice LONG (no PUN intended),,,weekend..