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Bullboard - Stock Discussion Forum Wheels Group Inc GRFJF

GREY:GRFJF - Post Discussion

Wheels Group Inc > manipulation
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Post by daytona2 on Nov 25, 2008 11:51am

manipulation

did anyone notice that to orders of 13000 walked the price down, now the two order are being pulled up as the price starts to rebound. Dont sell your shares to cheap.
Comment by thriftee on Nov 26, 2008 1:52am
That's a typical game played by specialists and market makers when they are trying to accumulate shares cheaper.  They will drive it down to just above big buyers, however low that might be, and hold it as low as they can with a big qty on ask till they have the shares they want.
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