CMG Holdings Group Inc (CMGO)

[FergusVI]

Did anyone notice yesterday late in the day, the mystery 4.65 M block showed up just as the balance of the 73's were being lifted. It was a clear sign of don't try and take this any higher. This has now happened at least 10 times over the last couple months....and low and behold, an offer comes in front at 3:57pm last trade being 73, the bid gets hit at 68 and goes offered and closes there. Didn't see the avg price, but would guess it was 73 on the day...so in a mere 5 seconds, the stock closes unchanged on the day.

That is manipulation. Whether it is someone with a long position or not, that is manipulation and if anyone is working in concert with others, it is certainly illegal. I for one hope that Glenn is able to put and end to this bullshit.