Wednesday, November 09, 2022 7:56:58 PM
company’s spokesperson is prohibited from responding. However, by monitoring complaints, frequency of complaints, consistency of complaints and L2 activity insight is gained as to atypical trading behavior.
At the least, if Nash gave a shit he would have someone doing this. In 2002 Knight trading company, NITE, became under investigation by the SEC. They were fined a large sum for the activity called Frontrunning.
A giveaway for this type of manipulation, is that increased volume days, even on positive feedback like good qtrerly reports…. Still results in either side ways trading or decreases. And it’s because the brokers are putting their stock at the head of buy -sell orders….thus manipulating the activity to their profit.
I say again….. we, need to collectively attack this issue, including a formal complaint …with dates etc, and an attorney to get us a hearing
before the SEC…..or at least expose these guys to the WAPO.
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