Post by
cananon on Apr 14, 2021 4:36pm
Closing price manipulated
something weird happened in the last min of trading
go check tick by tick. there were a lot of shares traded at around 7.89/7.90 level
then for the very last second before close, someone sold 200 shares at 7.75, pushing the closing price down
does this happen all the time?
Comment by
1condor on Apr 14, 2021 7:43pm
cananon...yes...and it can occur with any stock... but especially with stocks trading on low volume. Look at the close today...bid at 7.70 and the ask at 8.10. Could have easily gone the other way at the close if someone would have picked up 100 shares on the ask of 8.10.
Comment by
Urbani on Apr 14, 2021 9:16pm
Ya, most things ended down after being up ealier in the day... Weird
Comment by
1condor on Apr 16, 2021 1:53pm
I have been picking up some cheaper shares on the volatity today. Interesting day with a couple swings below 7.20.
Comment by
1condor on Apr 16, 2021 3:43pm
Stifel Nicholas was buying the weakness also today. I was surprised I was able to buy shares at 7.25-7.35 today...but not complaining.
Comment by
Urbani on Apr 16, 2021 10:07pm
Geez.... that's crazy $7.10 today... that's it... I am putting in some stink bids... PAY is going to be all owned by the institutions shortly... so buy it up while you cam... Nice pick up today people
Comment by
1condor on Apr 17, 2021 5:24pm
Urgbani...I was lucky on my cheap shares on Friday...just happened to be at my computer during the dip. I agree with your stink bids...I am going to do that also.
Comment by
1condor on Apr 19, 2021 2:02pm
Stink bid in at 7.00. Lots of volatility in the stock lately...so possible.
Comment by
cananon on Apr 20, 2021 12:23am
did you see today's closing price movement? manipulated again
Comment by
1condor on Apr 20, 2021 10:18am
cananon...seeing the same type of trading this morning. Very large spreads between the bid/ask. Definately worth putting a low bid in.
Comment by
Urbani on Apr 20, 2021 10:31am
Got filled an putting in more low bids ... Algo in there now ... Okay... As the States keep opening up... Great... more revenues... Stock picking for small retail is good in PAY here.... Not much higher then the IPO right now... IPO was $6.00 and over allotted !!
Comment by
1condor on Apr 20, 2021 11:34am
I have picked up a few at 7.10 this morning...but hard to get a decent amount.
Comment by
1condor on Apr 20, 2021 11:56am
Looks like some stop losses just got hit...drove it all the way down to 6.75. What a weird trading pattern the last few days.
Comment by
1condor on Apr 27, 2021 12:17pm
I really dont see any stock manipulation with PAY...as has been mentioned on this board...the stock has had a rapid move from the low of 4.50 which occurred just over a month ago. The stock needed a breather and will consolidate at this level before the next move higher. Patience.