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Re: NewJerichoMan post# 1293

Thursday, 09/24/2020 11:05:07 AM

Thursday, September 24, 2020 11:05:07 AM

Post# of 1384
Good point. Thanks.

The thing is that POLA pin action doesn't explain a stock trading 4X or 5X its float in one day. Plus, I sort of doubt that the trading involved institutional holders or some of the long-term folks. So what you have is probably 500K or 1M shares getting wash-traded back and forth 20+ times per day.

That's manipulation, albeit perhaps driven by pin action as you indicate.


I am obviously NOT an investment advisor.

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