Have the Wall Street insiders made big bucks on this up cycle?

[C......N......C]

Seems to me a savy trader with some big cash could have been making some big money. My circle of low money friends were thinking we could have made a three to one on I think City bank. but some bank that went from .87 to 3 something. We are never very right, but usually see some trend.

[Andy823]

1. Sure they have.

The are buying low and when the price goes up they sell. Now if you have millions to invest, even a one dollar jump in price can make you millions. Some stocks that were down in the teens are now up 5 or 6 dollars, and others have made double digit gains. Now that isn't much for some one with a few thousand invested, but the more you have to invest, the more you can make when you sell. Just like oil prices. They went from like 34 dollars up to around 54 a barrel. Those that bought and held until it hit 54 made some good money if they invested big. Now it will go down again, but probably not as far, and then the process starts over. Of course they can lose big time also. I read that speculators are storing up oil hoping for something to happen to jack the prices "way up", so they can make a killing, but if they run out of storage space, and prices drop down lower than 30 dollars, and they bought say at 40, they may be in trouble. The thing is those people who invest this way have the money to lose, and when they gain, they make really good money, and if they are smart they don't invest all their profits so when they so lose they don't have to worry that much. The small investors who buy low can't make big money selling when the stocks only go up a dollar or so, they need to wait for larger profits to come about.