RE:One more thingSadieLadyCO wrote: When ever a stock gets down graded like WELL, The shorts come in a bang down it goes hitting ALL the stop losses and more. Nothing hidden in the agenda, just shorts who will need to cover at some point. Hope for some good news from WELL and right back up to $4...++
It's also an age old method for acquiring / accumulating more shares at value pricing. Combined with spoofed orders. They sell so many over a trading day, but acquire more, for a gain in their net long positions. That's what algorithmic trading houses offer as a service to any parties with a budget to add X sharres at average price Y.