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  • $2 Royalty Pass Along Is 'Sirius'ly Good Idea [View article]
    That's why it's called a PENNY STOCK......LOL

    Mr. Stupid


    On Oct 15 09:06 PM BigVinnie wrote:

    > People make up to $1000 dollars a day on day trading, just short
    > changing fractions of pennys on siri. If you look at the trade volume
    > of siri it's not small. 15million just today, when it was heavily
    > shorted trade volume was as high as 20 to 25million.
    > Big players that have a good percentage of the trade volume probably
    > go in and out of trading siri within the day. One person that is
    > collecting on fractions of pennys, can go on a buy sell frenzy and
    > walk out with a few penny's to the dollar at the end of the day,
    > this is why flash trading should be deemed illegal. Look at the way
    > the stock moves through out the day. It's a wave of buy and sell,
    > and there are a few with large sums of volume doing this trend.<br/>
    >
    > Instead of waiting a whole day to trade on the penny. One or a few
    > people with large trading volume can go in and out of shorting and
    > buying the stock and get 3 times what the average buyer or seller
    > is walking out with.
    Oct 15 21:46 pm |Rating: 0 -1
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