Perils Of Intraday Trading
by | Posted 12.11.2012 | Post Comment (No Comments)

These days, it’s a lot easier to get a stock moving in a given direction. A simple blog post or rumor can move a stock significantly. I heard about some funds that buy a position, start a rumor that the stock will end up being acquired, then sell it when the stock price increases. This has always been done but it can be done faster and more efficiently these days. You no longer have to call everyone to spread the rumor, you can just post it and hope for the best… Take a look at 2 examples from Friday’s trading:

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