You stated it as fact, which gets the smart trader
Post# of 41413
Posted On: 06/25/2014 6:04:40 PM
Re: staygrounded #4728
You stated it as fact, which gets the smart traders aggravated. However - let's entertain your comment.
1) BALTIA CANNOT BE SHORTED. Every pennystock "trader" (most of these traders end up losing their entire cash balance because they rely on investorshub for information) believes that EVERY pennystock can be shorted or "manipulated" but this is complete bullshit. The fees associated with shorting this stock would completely wipe out all possible gains with our current rate of daily change in the stock price. Therefore, nobody is shorting this stock. I dare you to find ONE broker that'll let you short Baltia.
2) Large private placement holders COULD be selling, but as the volume is not nearly as large as it would be if a guy with 200M shares were selling heavily, I doubt this to be the only answer to our riddle. LT believes there's a big guy out there selling shares, and this may indeed the case, but it is far too convenient to blame ONE person for selling shares and "holding down the price."
You want to hear the reason why Baltia's stock doesn't have 200% increases intraday? VOLUME. There is not enough volume. When we get 50M shares in one day, then we'll know we're going to see some huge swings. But it's just simple arithmetic: the sum of the parts is equal to the whole. If the parts (# shares) are not enough, then the whole (share price) will not be what it it supposed to be.
1) BALTIA CANNOT BE SHORTED. Every pennystock "trader" (most of these traders end up losing their entire cash balance because they rely on investorshub for information) believes that EVERY pennystock can be shorted or "manipulated" but this is complete bullshit. The fees associated with shorting this stock would completely wipe out all possible gains with our current rate of daily change in the stock price. Therefore, nobody is shorting this stock. I dare you to find ONE broker that'll let you short Baltia.
2) Large private placement holders COULD be selling, but as the volume is not nearly as large as it would be if a guy with 200M shares were selling heavily, I doubt this to be the only answer to our riddle. LT believes there's a big guy out there selling shares, and this may indeed the case, but it is far too convenient to blame ONE person for selling shares and "holding down the price."
You want to hear the reason why Baltia's stock doesn't have 200% increases intraday? VOLUME. There is not enough volume. When we get 50M shares in one day, then we'll know we're going to see some huge swings. But it's just simple arithmetic: the sum of the parts is equal to the whole. If the parts (# shares) are not enough, then the whole (share price) will not be what it it supposed to be.
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