Post by
Goldendream on Jul 30, 2013 12:26pm
Venture Market Experience Learned!
Well, fellow investors we all know to " Buy low and Sell High". However, the old adage " Buyer beware" has been reminding BLT investors that this stock Share Price has been moving up without any "Real Substitive Event " driving it. It appears now that there are few investors whom have learned if you buy enough stock in a company when it's cheap you can give the impression to other investors that something big may be going to happen to really push the Share Price up, as other inexperienced investors are taken in by this minipulative high volume out of the blue bying, they start to buy as well. Then when the Share Price rises enough. the investor who made the intial purchase of a lot of cheap stock DUMPS it for a nice profit!! Not illegal, actually quite clever. What the rest of us have to keep in mind is that if out of the clear blue with no announcements from the Company or posted on Sedar the Share Price suddenly shoots up, well, the individual who bought a large chunk of stock cheap might just be baiting other investors to buy. This is just what has happened with BLT which was for NO REASON driven to 6 cents and then sold off to 4.5 Cents! The Share Price has been driven up over the last few weeks and now the people who drove it up have stepped in to Clean Up!. GLTA!