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Nokia Corporation Message Board

questinvest 7 posts  |  Last Activity: Jul 1, 2016 6:44 PM Member since: May 30, 1999
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  • questinvest questinvest Jul 1, 2016 6:44 PM Flag

    Not only that but my order was in between the most recent two you posted but at a higher price, so mine should definitely have been filled at least for the 1043 shares you noted. My buy order went unfilled and whoever sold got a couple cents less than they should have received. Plus, the closing price was reported as lower by almost two percent.
    I'd like whoever gave my factual post a "thumbs down" to explain why those things happened without the result being fraudulent. Thanks.
    From my order: "Entered:16:00:41 07/01/16"

  • questinvest questinvest Jul 1, 2016 4:19 PM Flag

    The specialist or market maker did as expected -- dropped the price a cent just before the close. Often, they drop it right after the close, too, based on a small after-hours trade.
    Here's something interesting -- after they dropped the price to $1.23, and after the close, Level 2 was showing a bid of $1.23 and ask of $1.25. So, I entered an after-the close order, designated as an after-hours trade, to buy at $1.25. The system was showing plenty of shares available at $1.25 on the ask, so my order should have been filled, in whole or in part. No fill. About ten minutes later, the bid was reduced to $1.21 and the ask was increased to $1.27. Still no fill. At that point, since my buy order was below the ask price, I decided to cancel it. I made my point. They refused to fill it even at the ask, within the time that the closing price would have been adjusted to $1.25. It remains at $1.23. That is pure manipulation.
    When they drop price on a small, after-close order, which adjusts the closing price downward, they would rationalize that it was a legitimate trade, after hours. So, was my order; but, it was refused and went unfilled. Instead of filling, they raised the ask price so that my order did not have to be filled, technically. But, it should have been filled prior to then at $1.25. What's good for the goose...
    Someone in the control side of the market for the shares of SOL is controlling the closing price, in my opinion, based on this direct experience.
    Good luck, longs.

  • It looks like the traders want to close the stock lower...and, they will have their chance after the market close. It will be interesting to see what they do in the after hours session.
    Good luck, longs.

  • questinvest questinvest Jun 30, 2016 11:44 AM Flag

    It looked stinky to me, also, but I was tired of posting about the same old thing. They often slam it down in the last few seconds. I am particularly annoyed by taking it down in the after-hours, a minute or so after the normal trading session, on a tiny trade (compared to the daily volume). Those who do this are fraudsters.

  • questinvest questinvest Jun 27, 2016 4:30 PM Flag

    Be ready for case dismissals because the wind has been taken out of the sails of the parasitic attorneys who don't give too loads of #$%$ for clients or anyone's health. They want their cut and when they see their cut is unlikely to happen, even though they have to invest a lot of time and effort, they will withdraw or back away quietly. These cases are toast since the government has admitted they have nothing on LL.
    The world is full of people who will tell me what I do is wrong in some way but hardly any of them will offer a better solution and virtually none will take the risk of implementing those solutions -- because they don't want to be on the firing line. They make their money and get their jollies just hollering about negatives. Everyone that does anything knows their are negatives. That's the way the world is. We try to overcome those negatives but some are not possible. For example, if I sell water, I want it to be pure for your safety so you will enjoy it and buy from me again, but I can't stop you from over-consuming and I can't stop your relatives from complaining to me about the water I sold you because you drowned yourself.
    There are realities of nature. If you cut anything with a saw you produce tiny airborne particles. If you breath them into your lungs, they harm you. So, when your house is built, the builders will suffer harm and so might you if there is dust remaining. But, you suffer more harm not having the house and freezing to death. Every risk and every reward is relative to other risks and rewards. It's called life.

  • Reply to

    How do people not understand?

    by chillidawgc91 Jun 27, 2016 3:46 PM
    questinvest questinvest Jun 27, 2016 4:21 PM Flag

    And LL does a lot of business with do-it-yourselfers who can read. They see the news that the government was shown to be wrong. They are independent-minded people that take care of themselves by doing their own home repairs and upgrades. They will buy from LL because they will want to support the company and because they get the goods they want, when they want them, at a low price. The bounce back can be swift and stunning. We shall see.

  • Reply to


    by winninginthemarket Jun 24, 2016 2:25 PM
    questinvest questinvest Jun 27, 2016 4:17 PM Flag

    Again, today, big down market, the price of SOL dropped to $1.12 but closed even at $1.19. Buying of any stock, today, is driven by bargain hunting, a quick trade, or a short cover.
    Since SOL is priced near where it's been, I don't think bargain hunting is the main motivator -- especially when there are a lot of other stocks available at bargain prices, also, especially in the near term. If one is interested in being long, I don't see the reason to buy today over any other day the last few weeks. Today, a long investor would be drawn elsewhere.
    I doubt that a lot of people would be drawn to SOL for trading. Some perhaps but, again, the opportunities are so great with other stocks that have more liquidity and bigger price swings -- a trader would be there, instead.
    That leaves short covering. SOL's trading volume, today, was over 500K, which is quite high, though not unusual for many equities, today. The difference is that most other equities are down on high volumes along with the market. The fact that SOL closes even points me to short covering -- naked or reported. But, why cover today? Lots of reasons. One is they may be thinking it has been time to cover and this market dump gives some the volume to get out. Another good reason is a desire to use resources elsewhere. Due to the market slump, there are plenty of other long and short term investment opportunities. There are also plenty of short candidates if one believes all the negative news. But, to execute those, the investor needs to use capital. Capital that is tied up in a low probably short like SOL needs to be redeployed and the sooner the better, so shorts get covered.
    That's my thinking. Probably all wrong.
    Good luck, longs.
    P.S. What's that I see??? Is a market maker going to adjust the close up by a cent after hours? Wow, usually they go the other way. This is another sign that shorts are getting out and maybe capitulation is happening and soon the stock price will go the other way.

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