I had dinner with the top Elite market makers last night discussing upcoming STANY conference and they told me they are lifting Elite shares to create some momentum to the upside for SELLERS to unload into..
Apparently these are huge sellers unhappy with the liquidity Elite provides. This is an orchestrated manipulation to the upside to increase liquidity before the bottom falls out
This smacks of collusion and should be investigated
Dont get caught when the scheme ends. They dont last more than a few days up to a week