Buying 100 shares at $30.00 is just not the way it
Post# of 5282
Buying 100 shares at $30.00 is just not the way it should be done.
Let me show you and the millions of people in the market why it's a bad thing.
So someone buys at $30.00 and the price of the stock moves up from $20.00 to $30.00. So far so good. The millions have not funded their account and it will be three days.
So now we have a mysterious offer most often by NITE to sell 100 at $24.95 which are bought and are shorted and the stock price goes down. Then the same shares are sold at $20.00 and here we are back again except the perception is now of a share price that is falling and
NO ONE BUYS A STOCK THAT IS GOING DOWN.
HUMAN NATURE. TOTAL MIND CONTROL.
The smart way is to buy anything under 100 and we will see where those shares come from. Millions of investors want to buy at $30.00 OK so let them buy 90 at a time. Won't take long. We can wait.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.