Of course it is. Some gaps can be as much as 50 cents to a dollar per share. The Peanut Gallery can look up how many share of any given stock issue are actually on the market and for sale, then do the math.
I predict that the S&P 500 will be well under 5,000 by September 30th
- Thread starter Walt
- Start date
Of course it is. Some gaps can be as much as 50 cents to a dollar per share. The Peanut Gallery can look up how many share of any given stock issue are actually on the market and for sale, then do the math.
Stock watering is still a time honored 'tradition' on Wall Street, which is why companies keep so many shares off the market until they decide it's time to cash out and dump it. In many case, there are only around 1%-2% of shares of a stock on the markets actively trading, out of many millions outstanding.
Just ignore the 'free market' fantasists; they have no idea what they're talking about.
Sammy Jankis
Was it me?
i
ok.
but the GameStop pause was a heinous abuse of market maker powers, boldly and in plain sight.
definitely a hazard of insider's trading.
or insiders who trade.
ok.
but the GameStop pause was a heinous abuse of market maker powers, boldly and in plain sight.
definitely a hazard of insider's trading.
or insiders who trade.
Sammy Jankis
Was it me?
he will be the one left holding the bag. poor goyim doesn't know its all rigged.I think you will be embarrassed. Sell off your stock holdings yet?
From what I've read the organizers of that 'rebellion' were themselves running a pimp and dump operation, hoping to drive up the price and then unload while nobody was looking. lol It's pretty tough to hurt 'insiders', since they are either getting stock for free or were in on the IPO before the public could buy any. Some borkerages restrict which customers get on the IPO lists.