RE:The Box The mode of manipulation seems to be indicative of the intent of the perpetrators.
This is not straight spoofing/ layering, which would indicate either a desire to artificially pump SP and dump, or depress SP to buy up cheap shares.
IMO, this "box " is to hold the price at a specific range- not too low to trigger a collapse, and not too high (which would be too obvious and would be dismissed out of hand.
So why would someone want to place bids above AND below bid/ask? Who is going to make a huge profit in this small SP margin, while at the same time running the risk of getting burned? Would that not point to Xtract being behind it- for whatever reason?
Can anyone could provide more insight on this?