Re: trading action ..You can thank the "woodwork" and usual
in response to
by
posted on
Feb 28, 2011 02:34PM
"This was an artificially instigated shareprice move imo."
This is a bit melodramatic, don't you think? And you seem to be suggesting this movement - HIGHER I might add- is somehow unethical? Coming from you on this subject - I literally laughed out loud.
Another possible explanation- The odds are turning in favor of positive returns from here. More buyers than sellers with some possible piling on at the ask-very simple.
Are we all supposed to sit still and wait for fully substantiated news before buying or selling? I don't know about you but I have been on the losing end of a few gap ups on substantiated news. It's much better to buy before news as we all know.
I see the bashing of the board for years on end to be "an artificially instigated shareprice move" LOWER-but that's just me and we have beaten that one to death - haven't we?
I'll take "Higher" any way we can get it.