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Lions Gate Entertainment Corp. Message Board

  • gdtookq gdtookq Nov 8, 2012 5:52 PM Flag

    Is it that Easy to Minipulate a Stock Price ?

    So, on Thur. Nov. 1, 2012 LGF reached it's 52 week high at 17.02 while Closing at 16.67.
    Then it Closed 16.28 (Fri. Nov2)
    Then it Closed 15.72 (Mon. Nov5)
    Then it Closed 15.39 (Tue. Nov6)
    Then it Closed 15.08 (Wed. Nov7)
    Then it Closed 14.60 (Thu. Nov8) Today.

    While I am Happy as a Pig in $hit with the Earnings reports and am LONG LGF, it just
    #$%$ me off that any Group or Individual can somehow minipulate a Stock to go Lower
    and create an entry point to buy at a much lower price for themselves. I also believe these
    Groups or individuals knew of the Great Earnings Reports that were reported today.
    My biggest point in all this is, just think how HIGH the price of the Stock would have been
    HAD IT NOT BEEN MINIPULATED... Am I completely wrong to feel this way ? Thanks

    Date Open High Low Close
    Nov 8, 2012 15.13 15.25 14.58 14.60
    Nov 7, 2012 15.32 15.36 14.91 15.08
    Nov 6, 2012 16.00 16.09 15.36 15.39
    Nov 5, 2012 16.36 16.36 15.66 15.72
    Nov 2, 2012 16.77 16.77 16.28 16.28
    Nov 1, 2012 16.58 17.02 16.55 16.67
    Oct 31, 2012 16.15 16.70 16.11 16.68

    Sentiment: Strong Buy

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      • 1 Reply to warmsandandsea
      • Is your YES, the answer to

        Is it that Easy to Minipulate a Stock Price ?

        OR

        Am I completely wrong to feel this way ?

        Thanks...

        ==========================================================================

        Is it that Easy to Minipulate a Stock Price ?
        By gdtookq . Nov 8, 2012 5:52 PM

        So, on Thur. Nov. 1, 2012 LGF reached it's 52 week high at 17.02 while Closing at 16.67.
        Then it Closed 16.28 (Fri. Nov2)
        Then it Closed 15.72 (Mon. Nov5)
        Then it Closed 15.39 (Tue. Nov6)
        Then it Closed 15.08 (Wed. Nov7)
        Then it Closed 14.60 (Thu. Nov8) Today.

        While I am Happy as a Pig in $hit with the Earnings reports and am LONG LGF, it just
        #$%$ me off that any Group or Individual can somehow minipulate a Stock to go Lower
        and create an entry point to buy at a much lower price for themselves. I also believe these
        Groups or individuals knew of the Great Earnings Reports that were reported today.
        My biggest point in all this is, just think how HIGH the price of the Stock would have been
        HAD IT NOT BEEN MINIPULATED... Am I completely wrong to feel this way ? Thanks

        Sentiment: Strong Buy

    • Now after earnings I can see clearly what happened this week with the stock. The MM sold all thier shares at recent highs. Knowing good news and events were on the way because they must maintain good contact with lgf managment to assure an orderly flow of shares in the market they had info on how good the q was going to be along with demand for BD2. On a quiet week they walked the shares down on low volume and lack of interest to gather more shares for thier inventory to sell into the market on this demand and bust out to new highs. The big news here is this q reported is the kind of stuff that can break a short positions nuts. 12 mil shares is alot on a 140 mil outstanding especially when over 50% of those outstanding are owned by one guy and mangment has skin in the game. I see this stock at 25 to 30 by spring or higher if big players are buying up content providers.

    • To me, the stock feels like it is still up there pretty high and in this market environment there is going to be pressure no matter what earnings say anyways which is what is happening now. I made a quick trade of 800 shares from $14.77 and sold AH at $15.75 because I don't know what people are going to do tomorrow quite honestly after today.

 
LGF
21.75-0.01(-0.05%)May 5 4:03 PMEDT