Nutra Pharma Corp (NPHC)

[maverick81]

NPHC...


If the SEC wants to consider that placing a limit order above the ask as manipulation then they need to look into the rest of the trading patterns on this stock

Example. We have seen buying pressure on the ask taking out shares. Only to have a seller place a order below the current ask price. And then STACK the ask with HUGE blocks of shares. 10 or 20 million shares. Then when those get cleared out it happens again. Along with sell orders going through below the current bid. I cannot count how many times i have witnessed this and recorded it.

If that isnt stock manipulation then i dont know what is. And anyone who has been following L2 knows exactly what im talking about. It has been happening for a long time. Yet no investigation into any of those activities?!?!

I guess its okay to sell below the current bid and stack the ask with an uneconomical amount of shares. But its not allowed to place a 100 share order above the ask... LOL ya ok And at the end of the day its the market maker who excecutes the order. This complaint by the SEC is BS. It can be argued against in 100 different ways and wont hold any wieght in court and we all know that.

Interesting how much negative and false information circulating social media platforms yet the SEC doesnt do anything to prevent it or control it. If they want to focus in on stock manipulation they need to address the overwhelming number of people circulating false information about public companies online. Not people who placed a few limit orders above the ask 3 years ago SMH.


Mav