Pay somebody to use their capital to keep the stock over a determined PPS, in this case $1 - so make sure they always have a buy order placed above a buck. Then sell them back after the job is done (could show as bump in sell volume). The loss incurred for the transactions is the cost of the manipulation.
Something like that is how Sigma maintained the requisite 10 days over a dollar for NASDAQ listing requirements. As expected and posted, it closed under a buck again soon after.
The term was mine. Is there a technical term? False support? Or just simply stock price manipulation - in this case for the specific purpose of meeting listing requirements. Rice said he was going to address it in the CC - at least he did that, in true Sigma fashion. haha.
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