Posted On: 08/04/2012 1:47:23 AM
Post# of 11899
Re: CherylShuman #1842
we have more seasoned traders here at hangout so im pretty sure everyone know how the bashers play the game. basically they buy large blocks at a higher price and sell into the bid with small amounts driving the price down. IMO they are also shorting these stocks meaning that these traders will place a trade on borrowed shares betting that the price is going to go down. once the price has dropped a significant amount they pay for those borrowed shares and get the difference in profit i.e. buy at .01 for 1,000,000 shares and cover at 0025 netting a large profit
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