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ARbigguy1

06/10/16 10:48 AM

#204415 RE: Scared_Trader #204405

Yes, it really happens!
Think about it. Many trading companies/funds trade on computer based tracking that looks for signals. Many retail and amateur traders use basic programs or subscribe to websites that track and provide trade indicators or signals. ELTP's chart was set with the bands tight and signals start to indicate a major BUY signal!
So, MM's or a major fund jacked the chart and signals so it would be a little easier to control the run when ELTP reports next week or when the FDA approval comes!
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Homebrew

06/10/16 11:06 AM

#204419 RE: Scared_Trader #204405

Market makers and "shorts" get most of the blame when stocks prices don't go up, despite all the more reasonable explanations.