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Albany Molecular Research Inc. Message Board

  • philthyesthoodlum philthyesthoodlum May 7, 2013 11:13 AM Flag

    Got manipulated down

    So that the bigboys get in at a discount. Instead of the stock going up 15% they manipulate it down 20%.

    Sentiment: Strong Buy

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    • "Got manipulated down - So that the bigboys get in at a discount. Instead of the stock going up 15% they manipulate it down 20%." - philthyesthoodlum - May 7, 2013

      "The stock is now only 52% institutional owned - so many funds are looking to come in. The move this morning was to shake off weak hands, so now funds can buy up, in peace, at $10. Great for them." - ioj2ioi - May 7, 2013

      ~~~~~~~~~~~~~~~~~~~~~~~~~

      It is not my intention to pick on anyone. However, when I read these types of silly comments, which attempt to perpetuate fairy tales about the market, I have to respond.

      First of all, I have a Drinking Buddy who works for one of the large asset managers in Denver, so I have a slight advantage in sizing things up. I often bounce questions off of him

      To infer that stock price of AMRI was "manipulated down," so that large investors could buy at a lower price, is absurd. The SEC would be all over that situation like white on rice. Also, to similarly infer this collusion was implemented "to shake off weak hands" is significantly far from reality. Institutions crunch the numbers and develop their target prices. Then they buy within a range. This is not Texas Hold 'Em, where players bluff each other out of hands. Even for a small cap stock like AMRI, there is enough trading interest out there to provide some trading liquidity.

      "so now funds can buy up, in peace, at $10" - this infers that retail investors, such as the posters on this board, are disruptive. It infers that retail investors somehow get in the way of the institutions. That is pure fantasy as retail investors probably do not have that degree of influence on AMRI's trading.

    • The stock is now only 52% institutional owned - so many funds are looking to come in. The move this morning was to shake off weak hands, so now funds can buy up, in peace, at $10. Great for them.

      Sentiment: Strong Buy

 
AMRI
20.94-0.06(-0.29%)Jul 29 4:00 PMEDT