A quick question if you please. How specifically would a company pump its own share price without either:
1. A good ann
2. Leaking the same
3. Directors buying stock (enough to move the price)
4. Convincing investors to take a position.
I accept you are not downramping. That term is thrown around very loosely these days.
I think the pumps come from the larger share holders who may be close enough for selected conversations, even amongst themselves. Thus, the price rises as does the holdings, CR at discount. But here's the bit I get stuck on. SP nearly always retreats back to the CR price reasonably quickly and I don't see there time or volume for many to dump the stock bought in the pump and the CR...
I just think it's a bit of a conspiracy theory really. In reality it's likely investors with deep pocket know there is a CR coming (doesn't take a rocket surgeon to look at cash flow), load up a few, get a few more at a discount and look to a bright future..........
Interesting discussion.
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