Pershing is a clearing house for a lot of other brokers so I wouldn't look too much into it to be honest.
I have also seen a decent amount of their pump and dump on other spec stock all within the matter of a week, they are no different to good old Pattos when it comes to making a profit. The only brokers with a decent rep in my opinion are Hartleys / UBS etc. With that said majority would be flipping for a few pips down this spec end anyway.
You can see from last week's data (Mon-Thurs only)
Chart wise
- Would like to see more volume in the mid-high 8s as support
- Pennant formed with HLs following Morning Star early Sept
- Bolly ranging tightening with candles above mid band, still bullish overall
AGM in 3 days, good luck everyone!!