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Olin Corp. Message Board

wrfd11 3 posts  |  Last Activity: Jan 29, 2013 1:26 PM Member since: Jan 29, 2013
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  • Reply to

    Why the big drop?

    by ntack5 Jan 29, 2013 10:21 AM
    wrfd11 wrfd11 Jan 29, 2013 1:26 PM Flag

    not an ask a sell. have been trading olin for 20 years. if you think it doesn't happen you are deluding youself

  • Reply to

    Why the big drop?

    by ntack5 Jan 29, 2013 10:21 AM
    wrfd11 wrfd11 Jan 29, 2013 10:34 AM Flag

    read my previous message. someone put up say 100 shares for sale at 21.50 with a high speed computer. when the price fell thousands of stop losses kicked in and tons of stock was dumped on the market for sale. at that point this individual bought lots of stock at a low price which they will sell later today when the stock price recovers... when volume is this low it's easy to manipulate a stock.

  • wrfd11 by wrfd11 Jan 29, 2013 10:08 AM Flag

    Some high speed trader had his eye on this stock and manipulated it big time. Wonder how many poor people got stopped out with this swing. Just running the numbers I could have made about 14 percent today had I been on the inside of this #$%$.

OLN
22.71+0.33(+1.47%)3:54 PMEDT