The common program.....Here's and example of the standard program that applies to many thinly traded, off-the-radar stocks on the TSX (as described by another poster for another stock. Not the first time I've seen such programs. It seems that they are more common than you might think.
"Accumulation program ending indicated by lower trading volumes after X months of spoof trading. Selling small board lots (500 shares) any time a real uptick buy is made. Multiple stacked fake sell orders. Down ticking a small Board lot at market close. Using multiple trading platforms that process trades for stocks listed on the tsx and tsx venture to distort share price.
It doesn't take a lot of money to control a stock via short selling or a few million spares held in inventory to guide price. Institutions often hammer stocks they own via short selling and back up their shorts with stock (or warrants) they already own from previous financing allowing them to accumulate more stock cheaply as the price descends with one brokerage and sell to another account covering their short with a prearranged market order. This also allows them to get better financing price in the target company's next Private Placement. Win Win. Fearful Retail Shareholders sell and lose.
Paid social influencers are also used like multi-alias paid basher _________ (insert name here) to harass and scare, and to create negativity on the chat boards of target stocks."
You just have to recognize the signs, and know how to use these programs to your own personal advantage. A telltale sign is incessant bashing by "long-term" holders that own a "sizeable" position, and that are now "fed-up".
In the case of Spectral, it should start to move up in the coming months...for all the reasons outlined in my previous post. If not, enjoy a slightly longer accumulation phase.
glta
MM