TSXV:TLC.P - Post by User
Post by
DirkMottoon Jul 24, 2010 12:18am
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Post# 17293933
you misread him
you misread himYvrogne, and other like him,simply nay-say a stock until they have picked up the number of shares they require. (He could, of course, work in a boiler room, but the intent is the same). In major stock markets, bullboards are nothing but time-killing fodder, but don't underestimate the power of bashers when it comes to the lightly traded (in terms of dollars) Wild West Venture market. Of course it goes without saying that this type of stock will be defined by its results and little else, but in the slower, in-between announcement time periods, bashers and pumpers do have an effect of (and I'm just guessing here) probably 10-15% sp movement because of all the day-traders and extremely short-term investors. This market is a casino, and Yvrogne is a "cooler".
Likely, he has his shares now and will not sit back and watch the stock take off with the same pleasure as the rest of us.
If he returns, it's because he wants more shares.