More so on big end of town on ASX and in US, cappers can sometimes cap a stock price near expiration dates. This is illegal of course, but who on the big end of town listens to the law.
Cappers also work on impatience, forcing anyone wanting to sell, to sell lower. They can then just buy up those shares.
I've been a capper quite a few times (on small caps of course), I like the set and forget nature of it after building up a position then after a couple weeks you get a nice surprise its taken out.
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