Yes, I think your right about this. Penny stocks alot of manipulation but I was told this regarding
MM market makers and there buddies Do This.Signals back and fourth.
100
200.
300
400
500.
From taking down the stock price, why to blow out stop orders, scoop up shares.
Trade it sideways all day. . A rip down is to steal your shares as the MM sees all
Stop loss orders for sell li.its. you have aforced execution. And then as the stock will recover back
Up above this. Not just penny stocks. UAL has a very high bet Coefficient or Volatility..
5days ago signal was seen by me , and now another one this morning. Rip down. So it was communication
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