1. Many IPOs are coming - Many IPOs are coming on the way so retailers target IPOs to earn money with in a short period of time. So they sell their shares at lower prices to invest in coming IPOs
2. Manipulation - Big investors are manipulating the market see what happened to CSF, CLND, BLUE, ECL, within few days those shares went up. Some of them doubled within few days. All the mentioned shares are not fundamentally strong but went up due to manipulation. So retailers are following those shares by selling their shares at lower prices
So happiest people are manipulators and long term investors they can buy good shares at discounted prices.. What do you think ?
Last edited by NEM on Mon Jun 13, 2011 7:44 pm; edited 1 time in total (Reason for editing : added more)