That is the unfortunate truth Wrenchman. Since th
Post# of 87162
(Total Views: 259)
Posted On: 09/11/2018 4:21:46 PM
That is the unfortunate truth Wrenchman. Since that forum is set up to manipulate investors and to enrich the chosen few, your protests will go unheard. In fact, you are often worse off over there if you point out the problem.
When I read the posts by MJ the first thing that came to mind is that no one can make money by driving the price down, and then buying back a little higher --- that just doesn't make sense. You will always be in the hole. However, he is right when he says he and his group can drive the price down and then wait a few days and then sell higher. As long as he buys at the low, selling higher will make money. How much? That would depend on how much he owns, and I suggest he does not have much.
Several stocks I've been in had the same kind of posters, only when they dumped, they dumped in large blocks. Once large sell orders start coming through, fear sets in and people will sell. That sets off even more sells and so on and so on and so on. This guy is only dumping a few hundred thousand, and who is fearful of that? I suggest only the weak hands who were likely only looking for a quick flip anyway.
When I read the posts by MJ the first thing that came to mind is that no one can make money by driving the price down, and then buying back a little higher --- that just doesn't make sense. You will always be in the hole. However, he is right when he says he and his group can drive the price down and then wait a few days and then sell higher. As long as he buys at the low, selling higher will make money. How much? That would depend on how much he owns, and I suggest he does not have much.
Several stocks I've been in had the same kind of posters, only when they dumped, they dumped in large blocks. Once large sell orders start coming through, fear sets in and people will sell. That sets off even more sells and so on and so on and so on. This guy is only dumping a few hundred thousand, and who is fearful of that? I suggest only the weak hands who were likely only looking for a quick flip anyway.
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