True - but look at SIR. I got a call from my broker the day it went from .06 to .32 on news with a buy - this is big. No way did I buy as the SP looked way overbought. Well there you go - $5 it went to. And there were a lot of trader exits on the way up and liquidity events. So yes, the point that traders and investors and instos buy and sell, sure they do. It doesn't really mean that much if the underlying value drives it harder.
6 years since buying MPJ and watching pump and dump, page-23
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