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Dumb question, but I have to ask...

Posted by: pnw_wildcat on Jan 27, 11:13

Why do securities sometimes jump/drop significantly without any recent market news related to the security surfacing? Is it simply the effect of a handfull of people moving max shares one direction or another at the start of the day and other people following suit after seeing the motion?

For example, RESE6 is currently up 51% without any tagged posts in the forums. 15,404,749 shares have moved today. A quick Google search didn't turn up any recent news related to the movie. Is the 51% increase simply due to people seeing the stock move one direction and jumping on board for the ride?

Dumb question, but I have to ask... pnw_wildcat Jan 27, 11:13

Exactly. The Reset Cabal with their multiple accounts initiate stock movement at reset and others similarly trade for no apparent reason {nm} Chimpmuck Jan 27, 11:38

Other than to gain H$. Sheep. {nm} GruntNoNeck Jan 29, 08:13

Yes. Just follow the price. Don't want to get left behind. {nm} Birdstwin Jan 30, 19:30

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