Posted On: 11/03/2016 1:20:33 PM
Post# of 75087
Exactly my point, and there ARE individuals and groups that DO intentionally coordinate buying and selling with mm momentum and they make thousands doing it. Some may even still hold a long position the whole time, but they know as I do that in the early stages of a publicly traded company's growth, the stock price can and usually is all over the chart and the company's actual progress is most often NOT the primary mover.
At this point it's apparent that Rocky Mountain High Brands is about to take flight, so naturally the prospects for flipping along with those accumulation buys drives the volume up which just draws more flipping. Volatility will be high. When the pps moves up, all the glasses are half full. When it bleeds, all the glasses are half empty.
Cheering and booing is expected, but the silly part is how each time the pps moves up some seem to think the company did something great, and each time it moves down they think the company did something foolish. Some think that way anyhow, the rest are just the phonies trying to maximize the price swings.
At this point it's apparent that Rocky Mountain High Brands is about to take flight, so naturally the prospects for flipping along with those accumulation buys drives the volume up which just draws more flipping. Volatility will be high. When the pps moves up, all the glasses are half full. When it bleeds, all the glasses are half empty.
Cheering and booing is expected, but the silly part is how each time the pps moves up some seem to think the company did something great, and each time it moves down they think the company did something foolish. Some think that way anyhow, the rest are just the phonies trying to maximize the price swings.
(2)
(0)
Scroll down for more posts ▼