Post by
klank37 on Jun 11, 2010 1:50pm
could someone explain to me...
yerterday I went on a little more buying of one of my favorite stock(right now)....there was 19 lots asking .29...bought them at ask price = filled. then i look at the next ask(i wanted to buy more to start with) now 17 lots asking .29...i thought the next ask should have been higher,, you know..anyway bought it at ask price= filled. Then well looked at next ask price .29 17 lots..same bizarre i thought ..anyway bought it to at ask price filled on the spot.....next i look for next ask..well guest what .29 x 17 lots.......this was all on the last what..15 minute of trading by the end with 3 minute or so to go I was done....SHOULDN'T THE ASK GONE UP
Now how is that possible..... I meant I am , as such an amateur trader you know(still 12 years or so into it anyway) no fancy stuff for me. But this only ring one bell to me stock manipulation ( to keep it down in this case) .
Am I thinking right or just ignorant....Please let me know what you think. THKS
Comment by
rickkulesza on Jun 11, 2010 4:49pm
I had the same thing happen5 years ago TSX calls ME and said I was manipulating same BS -- little guy screwed
Comment by
InterestedParty on Jun 11, 2010 5:00pm
There has definately been stock manipulation on this stock for years. From UBS Securities to Anonymous to even TD Bank. This stock has definately been purposely depressed/manipulated by someone and I don't expect it to stop anytime soon. Perhaps if/when it becomes too expensive to dump shares to keep it depressd, it might improve.
Comment by
klank37 on Jun 12, 2010 1:30pm
Hopefullhomerun THKS This was great info. Didn't know, makes me feel like it wasn't a stupid , uninform , amateur observation after all. Well like they say there is no stupid quetion after all. Ya right!