What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings SMTC Corporation (USA) (SMTX) - Quote Info
Are you happy the this stock closed above $1      6-Nov-09 07:52 pm    
If you answered yes, that is exactly what the boiler room wanted you to say. Notice the 100 share trades at the ask right after the larger trades at the bid. This is called painting the tape and is a common tactic when a stock is involved in a pump and dump scheme. Unless you have a great deal of confidence in this company's long term prospects, I would avoid it because the I believe the boiler room has already bought in and is now using their deceptive tactics to induce buyers to take their shares.
Rating :
 (1 Rating)
Rate it:
awful/not related to \pooraveragegoodexcellent

kaftangreg

Male


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
Are you happy the this stock closed above $1
kaftangreg (1 Rating) 6-Nov-09 07:52 pm  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

SMTC Corp. (SMTX)

Chart for SMTC Corp. (SMTX)
On Dec 24: 0.90 Up 0.01 (1.13%)
Symbol Lookup