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Exelixis, Inc. Message Board

  • mruyog mruyog Jan 14, 2013 5:34 PM Flag

    Manipulation In Trading?

    If you carefully review volume spikes and price changes in to-day trading chart, you come out with a certain feeling that MM had been playing a game and manipulating. This kind of thing goes on rampantly not just for this stock but many other, and yet SEC wouldn't do any thing! Looks like, they are all part of the same gang!

    No wonder, the old man Bougle of Vanguard advises investors to stay away from trading and investing in individual stocks and invest only in index funds!! He apparently knows what is going on behind closed doors of the securities world!

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    • So many moaners. If those that trade spent more time looking at pattern here and less complaining they would make money. All you need to do is realize its going higher, but is played with. So you patiently, which means accumulating buy on the dips and sell it back to them on the increasing rises over the next year. In case you need price ranges: Buy $4.30 to $4.71 then just wait. Do not worry about volatility, even if they drive her down. Sell $4.80 to $5.30. The trend will be up this year, so instead of all the nonsense make it pay. Or just acquire a position and hold long term. Accumulate anytime they push it down, like now, and be prepared for volatility and to hold for 1 to 2 years for big returns. Again, if you are a nervous investor and can't handle volatility, then you should not be in this sector to begin with. If you can handle it, this looks like multiples of current price moving forward. eos

      Sentiment: Strong Buy

6.34+0.04(+0.63%)May 27 4:00 PMEDT