HOW and WHY is this stock being manipulated. My opinion. HOW and WHY is this stock being manipulated…. of course, this is purely in my humble opinion.
It appears that only 500,000 share traded this week …. It’s very very odd for a company with over 239m shares outstanding. Many here believe it’s being manipulated, but HOW and WHY? .
The HOW is easy to explain. The WHY is what you need to figure out for yourself.
So this week saw 500k total trades. However, I believe total unique shares traded was about 1/3th of that total (180k). Again, in my opinion. Let me explain.
In email marketing you count unique opens of an email and total opens. You want Reach and Frequency in your email marketing campaign (Reach: total unique individuals who see your email message at least 1 time, Frequency: is how many times that individual sees your email message). Email programs like Mailchimp count how many times an email sent by the platform gets opened. If 1000 emails are sent, and 100 individual open that email in their own account just 1 time, that’s 100 unique opens. If those same 100 people close the email and then reopen it on average of 4 more times over a period of time - a week, that creates a total of 500 opens. Reach: 100 unique people, Frequency 5 times or 500 total opens.
How does this relate to this stock…. Here’s how. My gut says we probably had only 180,000 unique shares traded this entire week. Those 180k unique shares totaled 500k trades … This opinion is based on seeing a lot of evidence that several brokers are in the game of selling shares, and then rebuying those same shares (plus some more) just seconds later. Thus keeping the (a) share price low, (b) while not experiencing a loss or gain in their own shares, and (c) gaining extra shares on the buy side from weary retail investors. They are shaking the tree to lure these weary retail investors into selling their shares and go elsewhere.
Here how it works..
- In my opinion, probably 80k unique shares traded between the same investors’ multiple accounts every day for 5 days. Unique shares: 80k, Frequency: 5 days or total traded 400k. Again at no loss or gain on their own shares, just break even to keep the share price flat, all while grabbing up weary investor shares. It looks like 400k unique shares traded hands, but really only 80k traded hands 5 times this week (total 400k) Again to keep share price down at $0.14-0.15 … while adding to their accounts. Their ultimate goal is to exhaust retail investors and get a few to bail/sell their shares, so they can grab them.
- The remainder 100k, of the 500k traded this week, were new shares (unique shares) that have been held longer than a week or two but came onto the market from these exhausted retail shareholders who are tired of waiting. These 100k unique shares traded only once, and were grabbed and put into long-term investor accounts.
- Some of these new 100k unique shares were grabbed by the people shaking the tree with their 80k “lost leader” shares which they traded back and forth between multiple accounts 5 times.
- But best of all, some of these new 100k unique shares were snagged by Longs not willing to play “reindeer games” and risk their own share holding to shake the tree … much to the frustration of the tree shakers. Lol
None the less, in many people opinion, including mine, this stock is being manipulated, and that is HOW I believe it being done based on looking at which brokers are selling and buying within second/minutes of each other.
Now the big question you need to ask yourself is WHY????