Thanks@HarryMosher, I wasn't aware of those websites.
30% short flow on a given day is significant but the majority of flow is still by far from natural orders.
Those numbers would have an impact on price but not enough to control it as they still aren't the dominate flow.
Given the surprise CR today and yesterday's news ann about Ganfeng selling, I would say it's more a case of insiders front running those to previous unknown announcements.
Again I don't see how this is manipulation. It's just insiders who got the tip from management or Canaccord or both..?
I'm by no means a big trader but I was able to move the price of a stock by a couple cent when I bought and also when I shorted a stock today.
Doesn't that mean I "manipulated" the stock???
NO!
It just means my order flow was greater than what was at those price levels.
Same as whoever is buying or selling CXO.
It's just order flow, NOT manipulation...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $214.3M |
Open | High | Low | Value | Volume |
10.0¢ | 11.0¢ | 10.0¢ | $1.502M | 14.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
78 | 5970714 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 250000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
74 | 5900714 | 0.100 |
10 | 526569 | 0.099 |
11 | 408265 | 0.098 |
4 | 294509 | 0.097 |
5 | 1200005 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 250000 | 2 |
0.110 | 10356193 | 110 |
0.115 | 3004884 | 45 |
0.120 | 2548891 | 33 |
0.125 | 1626049 | 29 |
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