View Single Post
Old 02-19-2012, 08:02 AM   #2
markpierce
Master and Commander
 
markpierce's Avatar
 
City: Vallejo CA
Vessel Name: Carquinez Coot
Vessel Model: penultimate Seahorse Marine Coot hull #6
Join Date: Sep 2010
Posts: 12,559
RE: Buy Low, Sell High

A common strategy is to buy a stock that has suddently increased in price (look honey, the price has doubled in* the last six months, let's buy now because it is sure to double again in the next six months).* So these people who buy high (and sell low) will surely purchase your $13/share stock now.
markpierce is offline   Reply With Quote