I am seeing an anti-manipulation force coming into BAA market and this force is winning.
Stocks price always decline if big blocks sell and always increase if big blocks buy. For BAA situation, these tricks are BAA manipulators, flippers and market makers to make BAA price circles and get profits although BAA price keeps down. Because they can get profits by flipping, so they don't care BAA price up or down. But BAA longs get damaged.
Jan 26 and yesterday were very strange. Both days gold price were increased madly. These manipulators always want to make "gold up, but BAA down" fears to investors. So, they sold many big blocks in a very short time frame to repress price from increase. Generally, the existing BAA investors cannot absorb that much dump and finally price go down. However, both Jan 26 and yesterday, the buyers absorbed almost million shares in minutes without price down, finally price was closed up nicely.
I never see this anti-manipulation force on BAA market before for my 5 year BAA experience. Where is this force coming from? I guess it is coming from Baiyin's employees or people in China who know BAA now through Baiyin/BAA deal. If that is the case, the circle traders will be removed from BAA market.
