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Jumping Prices
Jumping Prices
6 messages,
Last post on Apr 18, 2008 at 11:13 PM
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Audi A5, Future Vehicle
- #3 of 6
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Re: Jumping Prices [chung]
by dinulik
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Apr 18, 2008 (1:56 pm)
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Replying to: chung (Apr 18, 2008 12:25 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?
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- #4 of 6
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Re: Jumping Prices [dinulik]
by estreka
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Apr 18, 2008 (3:15 pm)
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Replying to: dinulik (Apr 18, 2008 1:56 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.
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- #5 of 6
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Re: Jumping Prices [chung]
by dinulik
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Apr 18, 2008 (10:51 pm)
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Replying to: chung (Apr 18, 2008 12:25 pm)
It's happening now, look at Corolla.
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- #6 of 6
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Re: Jumping Prices [dinulik]
by bg96
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Apr 18, 2008 (11:13 pm)
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Replying to: dinulik (Apr 18, 2008 10:51 pm)
Yea..I've seen a range of 430-580 in the last hour with heavy volume.
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