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StarTek, Inc. Message Board

  • tommccauley31 tommccauley31 Jan 9, 2013 11:09 AM Flag

    Penny games:

    It seems apparent on small volumes moving the price,
    that parties are trying to sell small quantities in
    order to trigger stop limits. These scalpers likely have
    BUY, and SELL, orders open at the same time in attempt
    to manipulate price, and accumulate SRT at a discount
    to someone elses expense.
    Smart shareholders do not use stop loss orders on illiquid
    equities like SRT.

    Sentiment: Strong Buy

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    • After 2 days of trading an average of 1700 shares each day,
      we had a whopping 3600 today. It is goofy how some of
      these trades go through with 100 share increments?
      Someone who buys 125 shares at $4.00, adds .064 to
      the buy if the commission fee is $8. That is 1.5% more
      on the cost basis.
      I can understand someone placing an open limit
      "BUY"order that gets partial fills.
      But when a scalper tries to walk a tightly held stock
      downward with small quantity sells?
      All they do, is burn money in broker commissions.

3.82+0.21(+5.82%)Nov 25 4:02 PMEST