InvestorsHub Logo
Followers 104
Posts 13811
Boards Moderated 0
Alias Born 12/26/2012

Re: tomxyy post# 2417

Friday, 08/26/2016 1:50:31 PM

Friday, August 26, 2016 1:50:31 PM

Post# of 19524
I refer to those as props, swaps, and dumps...not a technical term by any means, but generally very dilutive in nature. Bigger dumps are usually well under the ASK, little trades/swaps then follow to prop it back up. MMs can swap plus they pay no fees, easy to do. If the company is satisfying discounted debt, you'll see an uptick in short volume, which is then covered with discounted shares more or less instantly. Right now, pretty big spread, no takers, but appears someone is trying to hold it higher IMO.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.