RE:here are reasons why i think the last selloff was purely SP has recovered to 0.60s as i predicted last week. If Sp passes through 0.76 resistance, that is something is happening beyond recovery.
mingzhu wrote: manipulated:
1, level2 bid/ask ratio were often 10 to 1 for weeks. If you want buy big, it is smart to sell a few shares to walk SP down. I have posted these info several time in the past.
2, year low of SP was in mid 0.40. newbies often put stop loss at this level. 2 year low was 0.36. big buyers were buying at this level, so SP bounced back at 0.37.
3, manipuration started in 0.60s. CEO bought most her shares around 0,50 to conuter this manipulated dowward trend.
Soon after this selloff, SP hass recovered. I expect this recovery will go to 0.60s.