Wednesday, January 05, 2022 1:48:09 PM
However the trades are not all 1,000,000 most are less, that means that either some are buying more than $1000 worth or there is some manipulation on larger volume tape painting trades to get the volume up to lure in more to the stock.
For each trade under 1,000,000 shares means others are buying more and the more treads under 1,000,000 means some are spending $5000, $10,000 or even $25,000 but those are phantom trades just to excite those who only buy $100 or $200 worth.
Painting the tape is illegal but let's be honest, they still do it. And the bid price are shares being bought from the company debt for much less than the bid. No one can sell at a profit who is cost averaging.
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