RE: Waste21 Jul 2024 10:28
The Chessmaster.
Sadly you are wrong, the market is now a ponzi. If I spike any stock 50% the buys will suddenly fly in, how do I know this, because I actually have done this recently. I took a tiny stock it was totally dead nobody interested, my buys got the price up 30% and then 50% and then bang the buys flew in as the traders all tried to get a quick buck.
I have stocks that recently spiked 50-100% and the buys flew in, now they are completely dead again with all selling at lower prices TRAC is a good example, spike them 50% tomorrow morning and everybody wants to buy them.
GordonBennett is part of a pump and dump group that targets the daily biggest % risers 99% of the time, you check his history, he and the same names always turn up talking up how amazing a stock is with no intention of holding it more than 1 day, they should be warned off by the FCA but they are toothless