RE: RE: CUU Stock Price ManipulationWhat I recorded wasn't trade activity. It's just repiticious order placement and withdrawal and it's so fast and so well coordinated that it couldn't possibly be done without automation.
The algorithm is:
1 : If no orders (BID or ASK) at 1.58 then place small BID at 1.58
2 : remove BID at 1.58
3 : if no ASK's at 1.58 then place small ASK at 1.58
4 : remove ASK at 1.58
5 : Lather, rinse, repeat
It wouldn't even take multiple accounts to do this... one account would do fine.
My question is why do this?