Post by
metzgf on Jun 09, 2010 5:13pm
Price Movement
Once again, seemingly good news, or at least not a bad news PR, has driven the share price down. One thing seems to be obvious. BB traded stocks do not go up and down based on what is or is not happening within a company. The market in these stocks are manipulated by a group of people in a room somewhere trying to figure out how they can buy low and sell high. However, unlike you and I, these individuals have the ability to buy or sell large amounts of stock to a point where they can shape the directions in which the stock will move. For instance, they can sell large amounts of stock in a short period of time to create the illusion that the stock is tanking. This in turn will drive many of the weak sisters to sell their stock out of fear. The market makers do this when they know that the information coming out of the company will soon drive the price up, knowing they will be able to buy up a big supply of shares at a low price and then sell them back at a much higher price once the real effect of the news is realized. This is a pattern that is repeated over and over with BB stocks. The only hope is that sooner or latter the company will get listed on NASDAQ or some legitimate exchange where this type of manipulation will no longer occur.
Comment by
chasingold on Sep 09, 2010 2:33pm
AAPH is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months.AAPH back above support at $.30, looks like buyers are stepping in