Auto Parts 4Less Group Inc (FLES)

[maverick81]

MCGI


What im specifically talking about is HOW som people take profits. I believe that regulators need to clamp down on traders that use these methods.

Ask stacking
Bid bombing
Fear mongering via social media
False info on social media



They are all methods that manipulate the pps of a stock. It is uneconomical to stack the ask with 10 million shares all at once all at the same price. Then simultaneously bomb bids with market sell orders that instantly kill all upward movement

These actions kill momentum and drive the price down with their main intent to reload below.

Then they brag about their 100%gain and scream bloody murder to further induce selling to fill their bids and enable them to reload.

This methodology is not economically acceptable and it is stock manipulation imo. It should be illegal.

I never once said NOT to take profits. Everyone should always take profits. I can set small sell orders on the ask and with good volume on great news they will easily sell. I keep moving my sell orders higher and higher. Since the stock is legitimately undervalued it makes economical sense to keep raising your sell orders.

I can book 100% to 500% profits of 6 figures and nobody will ever see the effect on the stock price.... why. Because i trade responsibly and properly.

Any experienced OTC trader that has respect for other shareholders knows what im talking about.

This should be common sense yet in todays market it seems like its become some lost mythical wisdom...



Mav