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Friday, February 22, 2013 7:51:09 PM
An excerpt:
"If you look at the recent drops in share price, the amount of shares that were sold are tiny. Way more shares have been bought at higher levels! Market makers are manipulating this big time by filling a tiny order at ridiculously low prices in order to scare people into panic selling when they see a large % drop. They rely on emotional traders who react to these tactics, and it often works with inexperienced and emotional traders. As if this manipulation is not obvious enough, some traders have stated they are placing orders at or above the ask and getting filled lower. Also, those with L2 (platform showing where the bids and asks are) aren't seeing their orders. This pretty much proves the manipulation that is going on. These tactics won't last forever as buying pressure will crush their games."
If this doesn't make sense, let me know and I'll try to explain better when I have more time.
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