GREY:BIXZF - Post by User
Comment by
Wolfhunter2on Apr 29, 2010 11:37am
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Post# 17044073
RE: RE: RE: RE: the charts don't lie
RE: RE: RE: RE: the charts don't lieI am afraid to say charts do not always tell the truth . Some charts can be manipulated the same way a stock price can be manipulated . All it really takes is a group of 3,4,or more traders to work their play . Hence the WOLFPACK as i call it . As I think we can see here a little bad news the WOLFPACK gathers together to short or dump a heavy amount of shares on the stock . Which in turn putts the sheep on the run ( selling their shares ) . When the stock reaches their set price to buy back in they move back in slowly at the cheap price . This tactic is used on allot of new start up companys when they are bringing a new process into production . But I do have to say that allot of investors are pulling their money from the markets because of all the turmoil going on rite now . I say their process has a 90 to 95% of success .
I don't play this game but play against it . I have done good studding the WOLFPACKS moves with other stocks like this .
Remember always do your home work first .
Ther are posters on this board that I do watch and make my moves on based on their coments . Learn to read them.
Right guys .