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Re: HighPeaks post# 19845

Friday, 08/06/2021 9:25:26 AM

Friday, August 06, 2021 9:25:26 AM

Post# of 32663
Thank you again for your response.

Other than my last post, I just wanted to point out that an Iceberg trade is only legal when it is NOT trying to manipulate the SP. It is meant to hide LARGE orders with multiple smaller orders at the same price.

As I said in my last post, the SEC is able to tell if it was actually an Iceberg trade or if it is price manipulation. Was there actually several orders in there or were they 'baiting' investors of buying at a certain price knowing they 'churning' or 'washing' with the cooperation of other MM's to move it lower.

The SEC can track all orders and where they came from and at what time they were put in. It is not hard for them to track if they are made aware of when and where it is going on.

I sure hope others start taking an active roll in making them aware of what they see.

Thanks again,

SM