If you ever get a chance to vist SNA's head office there is a wall that is covered with STC's.
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Re: Stocks to Open Today
posted on Apr 30, 09 01:45PM
I like the way this stuff works, I have only learned about it in the past year when SNA stocks went to .26 in what was it, a day? something like that, on the news that SNA got the helicopter deal with SkyLink. Since then I have become a student and have learned a lot.
I have a website that I go to where I can see all the bids and asks in real time and I mean real time as it happens. I see bids and asks happen as they change. I love it. Anybody trading should have this access. Before the day starts I can see what will happen before it happens based on if the bids and asks match up. Very easy, there to see. You can predict the value of a stock based on this information. It's all in how you protect your price.
Here is how you do it, very simple actually.
Right at this moment SNA's first two lines read this way.
1 bid - 74,000 .05 Ask .055 ,50,000
4 bids - 165,000 .04 Ask .06 90,000
There is a half cent spread between the bid and ask. Now lets increase the price of our shares. Lets buy up 50,000 shares at .055. Cost $2750. Now lets buy up 90,000 at .06 for $5400. Whatever the next price is lets say .07 buy up some of those shares to establish a price of .07.
Now lets shore up the bids. Protect the .07 share value by placing a very large bid for lets say 250,000 shares at .065. Now you have protected your price of shares at .065.
Tomorrow lets say we ask .08 and purchase some of those shares and then shore up the bids with the same 250,000 shares at now .075. Until the bid of .075 is depleted the price cannot go down below that. Now that is manipulating stock. Without anything to drive the value up like a substantial news release or news worthy report that affects the future of your company with very thin trading. If SNA is manipulating the value of their stock they are doing a damn poor job of it.
Here is how dumb I am when it comes to this stuff though. What I just described, is there a law against this or is this a good business practice. Someone let me know.
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