LogFAQs > #951560870

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Topic	Stock Topic 24
red sox 777 03/10/21 1:21:06 PM #254:	IMO the price action an hour ago on GME probably was not a "dump" because any fund that sold like that would be acting quite stupidly driving the price down on themselves before they sold all their shares. The way it was going they could have sold the shares sold during that block of time north of $300 pretty easily by gradually selling. They aren't stupid enough to submit a huge market sell order. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:951560870] in Stock Topi... [t:79332153]...</cite> <quote>IMO the price action an hour ago on GME probably was not a "dump" because any fund that sold like that would be acting quite stupidly driving the price down on themselves before they sold all their shares. The way it was going they could have sold the shares sold during that block of time north of $300 pretty easily by gradually selling. They aren't stupid enough to submit a huge market sell order. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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