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Anytime I see a stock surge in price with no explanation behind it, generally I get the feeling it's big investors with alot of money in a stock who want to exi
by datashovel 12y ago
Anytime I see a stock surge in price with no explanation behind it, generally I get the feeling it's big investors with alot of money in a stock who want to exit. With a surge generally that's when "dumb money" enters, and precisely when "smart money" is exiting.
Another explanation could be that the market is interpreting the move as "more regulation == less competition".
- gweinberg 12y agoDoesn't make sense. Smart money getting out will drive prices down, not up. It may be that dumb money is replacing smart money, but you have to be beyong "dumb" to think smart moneyn getting out is a good reason to get in.
- datashovel 12y agoI guess everyone has their own theories. I'm happy to know you've been successful with yours.