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Nokia Corporation Message Board

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  • foxgang7878 foxgang7878 Aug 31, 2012 12:39 PM Flag

    something is wrong. a stock doesn't trade hundreds of millions in 2 days and keep a 5-10 cent swing.

    When you expect a serious move upwards, you try accummulate as many shares at as cheap a price as possible. Guys like Goldman are experts at this. They have the resources to put out negative articles to push the stock down, along with minor shorting, to scare the weak hands into selling big time. Do this for a few days, and the number of shares you accumulate, far outnumber the shares you shorted to instigate this selling.
    Once their coffers are full, they'll put out positive news, such as upgrades and analysts' opinions.
    Ignore all this nonesense.
    Look at the fundementals for direction and the technicals for entry points.

    Sentiment: Strong Buy

    • I think you nailed it .... been observing the patterns the last few days and it reminded me of the Cramer interview with Aaron Task where he mentioned how little money it really took to manipulate the market ... there's absolutely no doubt in my mind what you describe is what happened this week.

    • agreed. The big boys are expert at this kind of stuff. they are holding this down as much as possible to get the big "in" at the last moment before the sept 5th offering, so that when it pops, they are in for the lowest dollar amount and highest number of shares that they could get. This thing was surging on small investors backs for the last few weeks while the biggies did their best to hold it down. but it all goes sky high next week...just watch and see......

      Sentiment: Hold

 
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