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Jumping Prices

6 messages,  Last post on Apr 19, 2008 at 12:13 AM

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What is this discussion about? Audi A5, Future Vehicle


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#3 of 6
Re: Jumping Prices [chung] by dinulik
Apr 18, 2008 (2:56 pm)
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Replying to: chung (Apr 18, 2008 1:25 pm)

Audi A5 - last night. I saw price at around 29. Bought as much as I could. With others buying in, the price went up to 69. By then I had already cashed out (at around 55) and shorted to the max. That happened two or three times at night with the price difference decreasing every time. Luckily, I caught it early and made a fortune on it.
 
How can this happen? Wouldn't you need a whole ton of money to fluctuate prices like that? Does that mean that all of a sudden people start trading in a unison?
#4 of 6
Re: Jumping Prices [dinulik] by estreka
Apr 18, 2008 (4:15 pm)
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Replying to: dinulik (Apr 18, 2008 2:56 pm)

You can move a stock pretty well with $1M if the stock is lightly traded. For instance, the Pilot is way easier to move than, say, the 1-series.
#5 of 6
Re: Jumping Prices [chung] by dinulik
Apr 18, 2008 (11:51 pm)
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Replying to: chung (Apr 18, 2008 1:25 pm)

It's happening now, look at Corolla.
#6 of 6
Re: Jumping Prices [dinulik] by bg96
Apr 19, 2008 (12:13 am)
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Replying to: dinulik (Apr 18, 2008 11:51 pm)

Yea..I've seen a range of 430-580 in the last hour with heavy volume.

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