Nutra Pharma Corp (NPHC)

[k9narc]

"Thats why his account was closed. because they looked manipulatve.

Looked and were are 2 different things.

I think the sec is going to have a hard time proving that he was manipulating a stock with such small volume being bought."....


LOL... I think the complaint filed by the SEC shows that market manipulation is a given. 1 share or 100 million... it's still market manipulation, rik admitted to doing it, and it's on record.


183. Deitsch replied: “The problem’s you got…market-makers who are professional
shorters and they keep shorting the stock and if you don’t trade it, then they keep shorting the stock.
So every time I place a trade, they stop shorting the stock.”


205. Making it clear that he had traded for the purpose of moving Nutra Pharma’s stock
price up (purportedly to prevent short sellers from lowering the stock price), Deitsch replied:
The market makers have a shorting algorithm and they walk a stock down….
If someone right now bought [the stock] up to 13.2, …they would raise the
ask—it would push the algorithm up, ok, so they’d stop shorting the stock. If
no one does, if there’s weak volume, what they do is keep lowering the ask
and they crush the stock….. So if you do nothing else but tickle the ask with
100 shares, 200 shares, they go away. I have market makers that do that for
me, and every once in a while I do it myself. "

rik is not the brightest in the box.