RE:Ever wondergatewa wrote: The trades that bring the price down are usually a few hundreds shares here and there. Ever wonder if some of the shorts also own stock long and sell a few shares here and there to see if they can bring the price down. Just a thought. Seems strange a sell of 500 or 100 or 200 shares. Heck we only have traded on NSRPF less than 38,000 shares today.
just my Opinion Only ( thinking out loud )
any other thoughts welcome
Always do as you feel
Not what you hear
happy investing to all
NO, that would not affect the price. Now, let's say someone is really stupid and put up 5 million shares to sell well below what the current bid it will still sell at the highest bidder but soon people would catch on and see the large number of shares for sale at a low price and drop their bid. But putting up a few hundreds share or a few thousand that is nothing. You need to study a little about the pricing mechanisms of the exchanges. People are always looking for someone to blame for the price of this or than declining as if because they own it , it should only go up and up and up. It's a market driven by fundamentals, human emotions, algorithms and some technical trading. They go up they go down. Novo had gotten very frothy and it has what a billion $ market cap? That is alot so it is NOT cheap.