Monday, May 22, 2017 11:44:09 AM
Perhaps what suddenly reversed SINO's s/price at 3.99 was an HFT algo designed NOT to trigger the P-SAR to "BUY" but immediately plunge the stock with the intent to then take the stock down on an amazing fall over 6 straight days to test the lowest possible support.
Stock manipulation at its finest.
And the hedge funds and MMs can do it because of the small float and lack of sufficient institutional buying to hold the price.
Well, on the positive side, anyone who didn't have a cost basis down in the $2s can now get that.
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