View Single Post
Old 08-18-2008, 05:09 AM   #38 (permalink)
member0091/2

Green Belt
 
member0091/2's Avatar
 
Join Date: Jul 2007
Posts: 1,252
Quote:
Originally Posted by Thepumaman View Post
According to 5 oz pain, the cause is a single investor buying 5,300 shares at once. It could be someone at EXC or CBS trying to make it look like nothing is wrong and distract them from all the bad news.

Apparently EXC is such a small stock its asking price has little to do with its actual value.

5 Oz. Feature: Breaking down ProElite’s current situation :Five Ounces of Pain
they're right, this happens a lot on the trading block. one investor can make almost ANY stock jump high, as long as that investor has enough. i've seen one investor purchase a stock and put over 22 mil in it and automatically make a few mil off it. Because it jumped so high after he bought it people started buying thinking something was going on. Nothing was...he just needed to buy something. it's crazy..
__________________
Rainman almost wiped out a casino… and hes a raTARD.

Comparing Brock to Fedor is like comparing a fight with Christopher Reeve & Stephen Hawking. We all know who'd win!
member0091/2 is offline   Reply With Quote