Any investors out there? Playing with stocks, Just opened an Ameritrade account

dudafunk · 10-25-2010, 03:26 PM

Right, what I was saying was, Friday night market close, this stock was great and nothing on the news, and now first thing Monday morning it shoots up. So some magical deal was made over the weekend? :-/
If the stock has gone up 30% overnight, some people have made money. . . sounds manipulated, no?

m4a1mustang · 10-25-2010, 03:30 PM

Quote:

Originally Posted by dudafunk

Right, what I was saying was, Friday night market close, this stock was great and nothing on the news, and now first thing Monday morning it shoots up. So some magical deal was made over the weekend? :-/
If the stock has gone up 30% overnight, some people have made money. . . sounds manipulated, no?

The people that already owned it made money, yes.

It's not manipulated as long as people trading it are not using insider information. If someone involved in the acquisition deal used his knowledge of the pending deal to buy the stock on Friday, you bet your *** he'd be going to jail.

This is all VERY normal.

Jeffblue · 10-25-2010, 03:48 PM

Quote:

Originally Posted by m4a1mustang

The people that already owned it made money, yes.

It's not manipulated as long as people trading it are not using insider information. If someone involved in the acquisition deal used his knowledge of the pending deal to buy the stock on Friday, you bet your *** he'd be going to jail.

This is all VERY normal.

for example, expect steve to be going to jail

m4a1mustang · 10-25-2010, 03:49 PM

Quote:

Originally Posted by Jeffblue

for example, expect steve to be going to jail

Oh hail no.

Jeffblue · 10-25-2010, 03:52 PM

Quote:

Originally Posted by m4a1mustang

Oh hail no.

its not for insider trading... i'll tell you that much.

m4a1mustang · 10-25-2010, 03:53 PM

Quote:

Originally Posted by Jeffblue

its not for insider trading... i'll tell you that much.

Insider... sexting?

Jeffblue · 10-25-2010, 04:01 PM

Quote:

Originally Posted by m4a1mustang

Insider... sexting?

call it what you want. you can't do those kinds of things to a stuffed animal in public.

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10-25-2010, 03:26 PM	#1 (permalink)
dudafunk Enthusiast Member Join Date: Nov 2009 Location: Long Island, NY Posts: 421 Drives: '09 370z Base Red AT Rep Power: 16	Right, what I was saying was, Friday night market close, this stock was great and nothing on the news, and now first thing Monday morning it shoots up. So some magical deal was made over the weekend? :-/ If the stock has gone up 30% overnight, some people have made money. . . sounds manipulated, no?