joezisbetter... 14-Sep-10 11:56 am My Joe's will reach $2.54 fairly soon and that is just the beginning. To sell at that price is to leave a lot on the table as it will hit a new 52 high within the next month.
Traders and investors are constantly playing games in the market. Market volume is a record of such activites. Careful analysis of the relationship between price and volume tells us which game is in play. You keep score by calculating the difference between your entry price and your exit price. What are out there?
Pump and Dump: This is where desperate individuals play bully with a small stock and use small volume trades to push up price. This price rise is irresistible to other traders and they buy in the hope the price rise will continue. They are tagged when the price manipulator pulls out of the market.
Hide and Seek: This is when an investor tries to build a large position in a stock without causing the price to rise.
Catch that rally: This is when investor capture short burst of activity in a fast moving rally that, if traded correctly, can deliver good short-term profits for low risk before the rally retreats or moves sideways.
Pass the rumor: The game starts with volume based on rumor. The aim of this game is not to be left holding the stock when the rumor is either confirmed or dismissed in the market.
MBA, you are so grasping at straws it's becoming sad if not outright scary!!! Do you get to sleep at night, restful sleep that is, I can see you as a true OCD patient, good luck and learn to chillax, it would be good for you...