What's new
Forums
Members
Resources
Whopper Club
Politics
Pics
Videos
Fishing Reports
Classifieds
Log in
Register
What's new
Search
Members
Resources
Whopper Club
Politics
Menu
Log in
Register
Install the app
Install
Forums
General
General Discussion
Stock market
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Ponyroper" data-source="post: 89447" data-attributes="member: 423"><p>It is possible to manipulate the price of a stock somewhat in smaller companies but it has become more difficult in recent years because the Feds have gotten better at tracking the market and they will rain holy hell down on traders using inside information if they catch them. Influencing the value of large companies like Apple is very difficult because of the sheer number of shares outstanding. Very few investors have enough money to buy enough shares to make a blip on the screen. The strategy now is to start a rumor-good or bad- and play the reaction. That's where people with inside information have the best chance to profit if they don't get caught. Years ago, before market got so huge and market valuations got so high a few large investors/speculators were often able to influence prices more easily. Case in point, the Hunt Brothers nearly cornered the market in silver back in the seventies by buying up silver and silver futures. People who had sold silver futures had to even up their positions by buying back a contract or actually delivering the silver to the contract owner. Since the Hunts held most of the silver and the futures contracts they forced the price of silver up from $10 an oz. to nearly $50 an oz. before reselling the contracts. They made millions but got caught in the act and were prosecuted. The fines and lawsuits ended up bankrupting them. I'm sure many crooks have gotten away with manipulating the market but it's tougher now than it used to be.</p></blockquote><p></p>
[QUOTE="Ponyroper, post: 89447, member: 423"] It is possible to manipulate the price of a stock somewhat in smaller companies but it has become more difficult in recent years because the Feds have gotten better at tracking the market and they will rain holy hell down on traders using inside information if they catch them. Influencing the value of large companies like Apple is very difficult because of the sheer number of shares outstanding. Very few investors have enough money to buy enough shares to make a blip on the screen. The strategy now is to start a rumor-good or bad- and play the reaction. That's where people with inside information have the best chance to profit if they don't get caught. Years ago, before market got so huge and market valuations got so high a few large investors/speculators were often able to influence prices more easily. Case in point, the Hunt Brothers nearly cornered the market in silver back in the seventies by buying up silver and silver futures. People who had sold silver futures had to even up their positions by buying back a contract or actually delivering the silver to the contract owner. Since the Hunts held most of the silver and the futures contracts they forced the price of silver up from $10 an oz. to nearly $50 an oz. before reselling the contracts. They made millions but got caught in the act and were prosecuted. The fines and lawsuits ended up bankrupting them. I'm sure many crooks have gotten away with manipulating the market but it's tougher now than it used to be. [/QUOTE]
Verification
What is the most common fish caught on this site?
Post reply
Recent Posts
Look at the size of that deer
Latest: Allen Gamble
57 minutes ago
NFL News (Vikings)
Latest: Kurtr
Today at 8:53 AM
Wolves at J Clark Sawyer
Latest: SDMF
Today at 8:06 AM
Wolf Hunting?
Latest: Rut2much
Today at 7:50 AM
B
OAHE Ice 25/26
Latest: Bob
Today at 6:24 AM
B
Any ice reports?
Latest: Bob
Today at 6:23 AM
Outdoor photo request
Latest: JMF
Today at 5:46 AM
W
Which one you did this?
Latest: walleyeman_1875
Yesterday at 12:17 PM
Beef prices going up????
Latest: wslayer
Yesterday at 8:05 AM
S
Anyone snare rabbits?
Latest: snow2
Sunday at 9:46 AM
Deer speeds.
Latest: Kurtr
Sunday at 9:08 AM
6.5 Creedmore
Latest: Jiffy
Sunday at 8:25 AM
Four legged tax deduction
Latest: lunkerslayer
Saturday at 8:53 PM
N
Crazy Fingers
Latest: NodakBob
Saturday at 2:39 PM
It's been a good season.
Latest: grumster
Friday at 9:00 PM
Montana to cut deer tags
Latest: Kurtr
Friday at 2:03 PM
I HATE coyotes!!!!
Latest: SupressYourself
Friday at 11:17 AM
S
Satellite Internet
Latest: sdietrich
Thursday at 10:34 PM
T
Let's talk EBIKES!!!
Latest: Traxion
Thursday at 8:56 PM
L
Hard decision -Dog
Latest: LBrandt
Thursday at 5:29 PM
Accuphy Ping Live Sonar
Latest: tdismydog
Thursday at 3:15 PM
Buying gold and silver.
Latest: Maddog
Thursday at 2:52 PM
Dickinson Sporting Complex
Latest: Wirehair
Thursday at 10:55 AM
Friends of NDA
Forums
General
General Discussion
Stock market
Top
Bottom