Welcome to the Silver Falcon Mining HUB on AGORACOM

(Edit this Message from the "Fast Facts" Section)

Free
Message: Still a puppet...

Soooo, the volume/selling suddenly dissolves. Just like that. Could it be any more blatant?

We can guess why from plenty of perspectives. Let's see:

Suddenly a trader in NY decides to sell millions of shares he got under 15 cents and take his 5 cent profit...happy with his multi-hundred thousand $ profit...maybe he even leaves in his profit to ride it. Plausible..maybe but that would mean he thinks the stock wll go back down to 15 again so he can start all over...not plausible... but then again maybe he is just too smart for his own good...or maybe he has inside info knowing that a trading entity with lots of $ can push the stock around...a fund for instance....that can use naked shorting to play with. What fun! Imagine selling millions of shares that don't exist. But who is buying?...individual retailers are not that strong collectively.

Or: someone knows that the near term news wll not be flattering and knows the stock will be ripe for a short play down to 15 cents or less ...where they will pounce on it again. But that would mean inside knowledge...all things are possible. Plausible...maybe.

Or: traders sold millions of shares they got earlier and made a profit...but who bought all those millions of shares and why did they stop today? ...was it all planned to keep the stock pinned down?

I'll leave the next guesses up to all the more astute traders in the audience.

Share
New Message
Please login to post a reply