RE:RE:RE:RE:Stop the bleeding Petieboy - thanks for the explanation and civil exchange of views.
When I was reading your post, I thought you were going to describe something sinister or underhanded. But what you have described is free enterprise and of course it is legal. Also great strategy of selling high and buying low. That is what we all are trying to do and so are institutions. Anyone is allowed to sell and buy whenever they want. Of course, if an institution wants in or out, it will move the SP due to the volume involved. A 300 lb guy doing a cannonball is going to make a bigger ripple than a 50 lb kid. That is not manipulation, that is physics and common sense.
And in line with the point you are making, do you think it is manipulation as well when an institution changes its rating on a stock from outperform to underperform and vice versa or when they change their SP targets ?
How come some call it manipulation when the stock goes down but no one calls it manipulation when the stock goes up due to institutional buying ?