Re: it appears the brokers pushed this... and what proof do you have of this

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hgs225

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Re: it appears the brokers pushed this... and what proof do you have of this

in response to

Re: it appears the brokers pushed this... and what proof do you have of this

englishsettlement

posted on Jan 22, 2009 07:12AM

thanks for all the replies. I sure didn't want to stirr things up - sorry.

it just seems odd, that so many shares came to market yesterday and it appears that someone who can move so many shares pushed the price up. late in the day, before close we could see the sellers on queue.

I could be wrong, but sometimes brokers run up a stock just to sell shares at a higher price, to then let it drop back.

I have no proof... thats why I said "it appears". not much can have changed in a day, this kind of action puzzles me. 3 million shares all of a sudden... there had to be a reason.