RE:RE:Why morons are selling ? Transgaming should trade above 40cjermiah777 wrote: I will venture a guess why some are selling. Many shareholders today dont care if 5 years from now TNG is a fantastic success. Many dont care if even 1 year from now it is a success. Obviously this company has a bright future.....but FUTURE!! We live in an age where very few have patience. So if many think TNG will trade flat between 17 and 19c for next 3 months before it starts to launch.....then they would rather liquidate their little 20000 shares and try to double their money and come back in 3 months and get into TNG before it takes off. I am not saying this is wise nor am i recommending this. I am simply giving an educated guess why some are selling. But the large shareholders dont have this luxery of being able to sell 2 million shares and buy something else for 3 months and then come back. They can but they would take a big loss. So the big boys have to take a position and be patient. But all these smaller investors with no patience actually make the stocks much more volatile.
I agree and meanwhile, the brokers are making all the profit..