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underpar71

10/18/22 11:35 AM

#522813 RE: FeMike #522811

Silence leads to skepticism, lack of trust...."must be hiding something"
Same old story with these attorneys.....lather, rinse, repeat.
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CherryTree1

10/18/22 12:07 PM

#522821 RE: FeMike #522811

No one is selling . . . HA HA
These are the big time thugs at it again maneuvering the bid and ask prices to drive the price lower.
At the end of the day few if any shares have been exchanged.
They use to do this with several thugs colluding together.
A buys from B
Then B buys from C
Then C sells to A they are all back to the same number of shares or perhaps naked shares . . . they don't even need real shares.
Now a days they don't even need colluders. They just do it with software the create phony colluders and traded phony shares to drive the price lower.
It cost Knight Capital hundreds of millions in an afternoon due to a bug in this type of trading manipulation software
https://www.henricodolfing.com/2019/06/project-failure-case-study-knight-capital.html

Power Peg Software

The new RLP code in SMARS replaced some unused code in the relevant portion of the order router; the old code previously had been used for an order algorithm called “Power Peg,” which Knight had stopped using since 2003. Power Peg was a test program that bought high and sold low; it was specifically designed to move stock prices higher and lower in order to verify the behavior of its other proprietary trading algorithms in a controlled environment. It was not to be used in the live, production environment.




https://archive.nytimes.com/dealbook.nytimes.com/2012/08/02/knight-capital-says-trading-mishap-cost-it-440-million/
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biosectinvestor

10/18/22 12:11 PM

#522825 RE: FeMike #522811

Volume is low. No one is selling. It fluctuates and has been around here not that long ago. Normal fluctuation plus clearly some effort on the part of a persistent bunch seeking specific pricing.