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Re: Thehubby post# 457146

Friday, 04/19/2024 2:36:50 PM

Friday, April 19, 2024 2:36:50 PM

Post# of 458205
Manipulation with algo trading can generally only be done on a relatively transitory basis in one direction. A percentage of the attempted churn trades (collusive parties trading back and forth to each other) get intercepted by others. The interest on the short positions is another factor.

The exception is when the suppression actually damages a company’s financial position, i.e., they are forced to keep issuing shares at lower and lower prices and even sometimes run out of cash. That will not happen here because they would have to keep the price consistently suppressed for several years. Now you know why Missling always keeps a large cash cushion. He knows all too well how it works.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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