RE:stink ask prices on low volume tradeReddale wrote: ALL,
looking at some of the trading action I see the following:
Broker 1 - Anonymous
Broker 2 - RBC
Broker 7 - TD (occassionally)
Broker 14 - Virtu ITG Canada
placing these low volume (100-500 shares) low ask prices.
Seems like a concerted effort, especially by 1, 2 and 14 to walk the price down
Pull the stink low ask and the share price will rise or is that the point, to prevent EXRO from rising ?
Red
From what I've learned with my limited retail knowledge, it's always a concerted effort by the bears to do something about a rising star. Exro already suffered a short sell attack with a malicious article a while back now.
Even though Sue came out and denounced it immediately and they got ahead of it, they dropped from $6 SO fast. I am sure I'm treading conspiracy waters but none of us know the dark seedy deals behind closed doors that go on to manipulate markets so who knows.
Pending announcement tomorrow we may see another surge.
My 2¢