You are viewing a single comment's thread from:

RE: Why you shouldn't take tribe market caps seriously

in LeoFinance6 months ago

Good observations, I observed the ability of small amounts of hive to prop up prices also, but didn't understand it completely.
Oddly enough the writing of roaring kitty also mentioned that shooters pick thinly traded stocks with bad earnings reports and declining market share for relative same reasons, it's easy to manipulate the price and obtain large profits. This same relative low liquidity was used by wall street bets to increase price of stocks too.

Posted Using LeoFinance Beta