Polar Power Inc (POLA)

[southacresdave]

The reality is the low float of the stock makes it easy to manipulate for market makers and computers trading. The last 2 1/2 days shows it. Late on Wednesday it went from $5.05 to $5.41 near the end of the day on 14 trades. 13 of them were 100 shares each on the ask, the 14th for 500. Then on Thursday it jumps to upper $5s and does huge volume and then that dries up and the stock fades in the afternoon. Today it was down to the low $5s on less than 15K shares at the time before churning a bunch more volume just below $5.

I'm actually not too bothered by it. I just don't get excited when it moves up on nothing, because I assume it doesn't mean much other than someone (or multiple) is/are playing games. I'm hoping when real news comes out and real earnings emerge again, that this same manipulation pushes it up way above where it should.