Solid foundations. New horizons.

Free
Message: unreal what they can get away with

Jacki

If you carefully follow the sales today you will notice that there is one main buyer around who really can't get many in shares while Morgan Stanley attempts to suppreses the peice with their little single activity in a quiet market. On the sell side, I would consider that Morgan is trying to keep a lid(manipulate) on the prices. It would be surprising if the seller and buyer were the same entity. Jesse Livermore had many accounts in his name so people couldn't follow what he was really up to. I see a strong buyer with minor attempts at price containment. Now, the buyer could pull his bid at any time but more importantly he has a big order to fill at this general area. I just saw Morgan crank down his 100 share offering from 3.49 to 3.48, what a joke.

Share
New Message
Please login to post a reply