ERF Wireless, Inc. (ERFB)

[jeberj]

MANIPULATION DOES EXIST:
Price manipulation is no longer even trying to be discreet or to rely on a 'news item' that can serve as a vague pretext: it is 'foundry crude' with a price pull-out triggered at 9:46 pm that makes the Dow Jones rise vertically by +140Pts in 14 minutes for a high closing, at 25,742 (+1.05% against +0.5% at 1/4 hour of the closing).
One hardly dares to mention 'hope for a recovery' to justify such a scenario, unless one takes the reader to be immeasurably naive.
The S&P500 also rose in 14 minutes from 3,065 to 3,081 (+0.82%) and the Nasdaq-100 from 9,600 (stable) to 9,658 (+0.61%), which puts it at 0.6% of its all-time high of 9,718Pts on February 19.
This is more than ever the highest increase in the history of US indices (+42.6% in 55 sessions).
It is a totally surreal score as such but above all a rise that devotes the most phenomenal loss of contact between the stock market and the real world, with PERs exploding to more than 50 on the top 25% of stocks.
The capitalisation/GDP ratio of 145% for the S&P500 ridicules the 137% of the previous summer 2007 zenith... and above all this score is 50% above the historical Wall Street norm in recessionary phases.

There is now only one player that constitutes Alpha and Omega on the market: the FED, now all-powerful, which is overblowing a stock market bubble that Jerome Powell brazenly - and against all evidence - denies that massive monetary injections had anything to do with it.
To acknowledge this would have explosive consequences in a context of social unrest linked to the rise in wealth inequalities (financial fortunes are exploding) and the rise in insecurity.