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Logitech International SA Message Board

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  • moobyet moobyet Jul 13, 2011 12:12 PM Flag

    Amazing: they just don't let it rise...

    Why would they play game with this particular stock. What is so special about this stock when I monitor 50 stocks and almost all of them are up.

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    • Just pay attention and you can easily see the manipulation. While buyers and sellers often try to manipulate the direction of stock prices to some extent, no stock I ever traded is so clearly manipulated as this one. This person walks the price up or down in the pre-market every day and sets the tone for the whole day, regardless of any market or stock news.

    • Could be the investor(s) who are trying to manipulate the stock are in uncovered short positions and it's cheaper for them to play tricks than to abandon the short position. It's hard to say.

      This stock will take off as soon as they have a good quarter of earnings which will happen on an economic rebound.

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