I would argue the “manipulators” are more than likely “accumulators” if you want to split hairs. Sure the price is being “manipulated” but it is being done with one basic aim and that is to buy shares. Yes, they who are accumulating are trying to do so without the price getting away from them but, at the end of the day, anyone buying has both a conviction the price will go higher and they will eventually sell at a higher price. KDR is hardly a buy and hold stock to receive an income stream from. One day maybe, but anybody buying now and in the foreseeable future is only looking for capital gains.
Check out any substantial shareholder notices where someone has reported an increase in holdings. There is generally a few “sells” in amongst the list of “buys”. Ever wonder why? Professionals at work.
KDR Price at posting:
$1.62 Sentiment: Buy Disclosure: Held
