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audisguy

23 messages,  Last post on Oct 02, 2008 at 1:18 PM

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#19 of 23 Re: [bradyholt] by chung Oct 02, 2008 (12:40 pm)
Replying to: bradyholt (Oct 02, 2008 11:59 am) Let's say person A brought up the price to $80 by buying Y number of stocks and he sells all his position when the stock hit $80. He will not get Y * $80 from the transaction. When he trades the stock, it affects the stock price, therefore he will get Y * $Z for the transaction. Z price is something Edmunds calculate use their algorithm.   Back in the days when I tested these transactions at 4Am where there was no one to counter my actions, I found out that such transaction is not profitable. Therefore although this is market manipulation, making a perception to others, it is not cheating. It is more day-trading like Mike has mentioned. Trading by yourself will not bring any profit and that is why cheaters use multi-accounts, where one account jack up the price and other one rips the benefit.   I hope this makes a little bit more clear. Replies to this message: shin107 (Oct 02, 2008 12:50 pm) chung (Oct 02, 2008 1:04 pm) mikedrud (Oct 02, 2008 1:18 pm)
#20 of 23 Re: [chung] by shin107 Oct 02, 2008 (12:47 pm)
Replying to: chung (Oct 02, 2008 8:14 am) Your example can't be counted as a cheating. You are into this month and audisguy also? You will see. I don't want to waste my time on this any more. I just want this game to be fair and clean to everybody. chung, you'd better do real nice IPO. Your 10% gain a day won't help you, if any cheater can manipulate his 100% a day. audisguy, good luck. If you are not cheating, I can say you are very good at this game.
#21 of 23 Re: [chung] by shin107 Oct 02, 2008 (12:50 pm)
Replying to: chung (Oct 02, 2008 12:40 pm) I am still wondering how one Audi stock can be traded 600,000 volume in a day. Good luck. Replies to this message: chung (Oct 02, 2008 1:04 pm) mikedrud (Oct 02, 2008 1:18 pm)
#22 of 23 Re: [shin107] by chung Oct 02, 2008 (1:04 pm)
Replying to: shin107 (Oct 02, 2008 12:50 pm) I actually wonder the same thing. Since yesterday the trade volume are crazy. There is something going on. Replies to this message: mikedrud (Oct 02, 2008 1:18 pm)
#23 of 23 Re: [chung] by mikedrud Oct 02, 2008 (1:18 pm)
Replying to: chung (Oct 02, 2008 1:04 pm) I am waiting for other updates (for September), but once those are in place, I will scour through the data to see what's going on here.

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