• NIKKG913
    I think whats happening with $NOK is that the insiders see that its profitable for Q4, so they shorting the stock now before its too late.
    1/10/13
    Reply (17)
    • turtledividend: It will be heavy covering once the jig is up. Hyperbolic news will lead to parabolic moves.
      1/10/13
    • Charles Santerre: NIKKG913; What insiders are you referring to?
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    • Eld: I understand why you follow the exponential MA, turtle :p with hyperbolic and parabolic stuff, the family is almost complete!
      1/10/13
    • turtledividend: Is that so? , is it because I can hibernate for up to four months without breathing or eating underwater. Lol ;P
      1/10/13
    • NIKKG913: Charles, the insiders at the big investment firms that probably have access to secret data the public doesn't know yet such as Q4 results.
      1/10/13
    • Charles Santerre: NIKKG913: what you are talking about is illegal. All info that is made available has to be available to all at the same time.
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    • NIKKG913: Of course its illegal, but the SEC is bought and paid for by the wall street crooks. You think these guys make billions by being honest?
      1/10/13
    • Seppo Sahrakorpi: I have to agree with @NIKK here. What we saw in the last few days was the big market manipulators exiting their short positions...
      1/10/13
    • Seppo Sahrakorpi: ...in advance of this 'surprise' earnings report. India rumors, TKS patent case, etc...
      1/10/13
    • Charles Santerre: Seppo2: to me "exiting shorts" means that will drive the price up, but in fact the price went down 2 days in row? What`s up?
      1/10/13
    • Seppo Sahrakorpi: For every buyer (short exiting) there is a seller. And these big players are on both sides. Time the sells well (2M spikes yesterday)...
      1/10/13
    • Seppo Sahrakorpi: ...spread some rumors, and get the ball rolling. People start selling, and the shorts can cover. Repeat (as was done yesterday a few times).
      1/10/13
    • Charles Santerre: That`s confuses my small brain.
      1/10/13
    • Seppo Sahrakorpi: Of course, I am not an expert in this stuff, just imagining how the system could be gamed...
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    • zeeman1: When people are scared they sell (cheap). thats why people were selling NOK yetserday @3.70. People covering shorts can buy cheap..
      1/10/13
    • zeeman1: No news bout India tax today.. looks like it was all to manupulate the market down.
      1/10/13
    • NIKKG913: This is why we had the big recession and bank failures in 2008, the SEC and govt. isn't doing their job because they corrupt.
      1/10/13