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S&P 500
5,277.51
(
0.80%
)
US TECH 100
18,028.40
(
0.00%
)
Dow Jones
38,686.32
(
1.51%
)
Brent Oil
81.11
(
0.37%
)
Bitcoin
68,844.05
(
1.62%
)
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pgh_maulers

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pgh_maulers

Re: GreenMarine post# 2062

Wednesday, 07/27/2016 10:07:38 AM

Wednesday, July 27, 2016 10:07:38 AM

Post# of 2969
Where was the halt yesterday when it dropped 30% in 10 minutes on only 10% of the daily traded shares?

Corrupt market makers were caught short and caused the flash crash to protect themselves and take out stop losses.

SPHS helped out by going quiet for 2 months now with jo news. Bloomberg printed an article where SPHS mgmt stated the spike was due to 2 month old news which didn't help.

Then Benzinga put an article out right at the time of the drop saying SPHS was crashing.


Too convenient for my likes...

The only thing going to cause SPHS to reach fair value ($20-40) is for them to produce some kind of good news to offset the daily manipulation.
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