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jammyjames

05/20/20 3:32 AM

#283462 RE: JerryCampbell #283461

i'm not sure jerry. BSB and yourself are more knowledgeable people about this sort of thing.

"If you are correct about the financing pattern, it seems that you believe that the folks buying Linda's deals have some ability to manipulate the price UP, and with elevated volume."

Normally i'd say this would be tricky to do but in this specific situation with a lot of dim retail waiting for 'news of data lock has leaked!' signal all it would take is a little push to set the retail ball rolling. I'm wondering if they could have been slowly pushing the price down over the last month of so, got a deal, then sparked the fire, then dumped with a healthy profit.
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longfellow95

05/20/20 5:18 AM

#283467 RE: JerryCampbell #283461

This 30% rise in two days appears qualitatively different to what we have seen many times before, when the price is briefly inflated due to a putative catalyst or no catalyst at all, only to go back to the starting point 36 or 48 hrs later.
In other words, a short term price manipulation, or just clever swing trading.

Yesterday's rise consolidated on Monday's gains.
Though even a 5m volume obviously doesn't amount to a lot of money.

I'm inclined to think that there may be an element of substance underlying this move, and I've speculated previously as to what that might be.

Time will tell.