Stock Talk

[Paulie]

Or they could just be artificially inflating the price of GM stock so when it doesn't get a bailout they can sell it. Get it up to $3.15 and sell sell sell!

Who's "they" in regards to this theory, given that it would have to be a concerted effort?

 

[editec]

Buy on the rumor.

Sell on the fact.

 

[DavidS]

Who's "they" in regards to this theory, given that it would have to be a concerted effort?

Hedge Funds. These are the people who are causing our markets to go down 300-400 points in the last 5 minutes of the day.