GREY:SGGDF - Post by User
Comment by
bert2on Aug 14, 2009 1:47pm
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Post# 16219824
RE: RE: RE: RE: Wow
RE: RE: RE: RE: Wow
anon is is just a big smoke screen I often see used to hold a stock price down you wil generally see a matching buyer picking up the anon sale number plus a bit more as is the case today
In other words someone is just moving stock from one account to another which could even be with in the same house. If they do not use the anon the house sticks out in the middel of the pack with huge volume on both buy and sell with little movement in and out of that house . It acts like a big shoch absorber on the stock efectively killing any momentum in its tracks in the mean time they pick up additional shares at the depressed price thes purchases could be with other houses as well
no reasion I can't have accounts with several diferent houses .
The good news when they back off the sell side of the board gets thin and up goes the price
When the big boys decide it is time for it to go up it will. Stock prices move when some on decided to move it then the rabble jumps in chasing it past eh point of reason. How many times have you seen a stock just pop for no reason well that is the smart money making a buck becausethey are sell just when the hype hits and the market and smucks and day traders are buying