Sophiris Bio Inc fka SPHS

[pgh_maulers]

I've rarely seen a mm keep a boot on the throat of a stock like they do with SPHS.

There are never any large blocks bidding but tons of large blocks blocking the ask that never get filled.

They are trying to discourage buying since there are so few shares available.

This goes back to the illegal flash crash stunt they pulled dropping the Nasdaq stock 40% in 5 minutes from $8.50 to $4+ on only about 4 million shares after it took 20 million shares over 3 days to climb that high.

I guess the Nasdaq circuit breakers in place to "protect investors" were "broken" that day.

Seems the circuit breakers only "work" when mm's are short and the stock is running away from them.

These corrupt mm trading schemes never get fined or sanctioned. If the SEC punished mm's who pull these stunts but not alowing them to trade that stock for a period of time, maybe they would not try this illegal trading.