RE:RE:RE:Share maniupulation
I havee also noticed that. Not just today but a vouple of days now. Someone dumping at the opening at low volumes. The strange thing is that they don t dump stocks before closing time to be sure the stock closes negative.
I see 4 reasons why someone wants to manipulate the stock:
- Someone is shorting the stock
- Someone knows a new PP is coming and wants to hold the stock down because the price of the new stocks is based on the last 30 days closing price of the stock or something like that
- Someone wants to hold down the price of the stock so that others can not exercise warrants
- Someone is planning a takeover and wants hold down the price so that you don t need to pay a lot.
Maybe its just a coincidence, who knows? But if someone really is trying to manioulate the stock thore are the reasons I can imagine....
Best regards