Last week GM almost doubled in value from Monday to Thursday. Then on Friday it lost

half of what it gained. Does anybody know if it was part of some kind of a pump and dump
scheme? Do you anticipate it going up this week again now that it is low again,or do you think in will continue to go down?

Answers

BoxCar answered a question in General Market.
678 points

BoxCar answered 6 months ago …

1st most people can't believe a behometh such as GM could go bellyup- too big
Do a www.stockcharts.com chart with [Vol.x Price] graph and note a strong ledge
of oscillation in April roughly between 1.60 low and 2.30 high and thats whats
driving the price, not a pump and dump scenario like MVOG oil crook Jerry Jones
When GM fell below early Mar low of 1.27 even I got some, just to see what happens.
When it bounced above $2, you sell off half so other half is a free ride.

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