Yep, that is full and well known. I trade in it all the same. You just have to know when and what to do if spotted. I have also done some manipulation on stocks. Drop buys on a consistent basis at the end of the day to lift share price and ruin the short position. They soon fold on that one as their losses can be infinite as opposed to long positions. I do it cause I am genuinely interested in the stock and hate seeing good companies devalued.
That my friends maybe the true intention here. If it's as good as it might seem, in the background we have manipulation to drive this stock low to win big. Very obvious today. Now that SP is low and gap is widening, a few small parcel bites at the end of the day may just break this pattern. Play the game in reverse. Perhaps they will spend all day chipping only to be outfoxed. Big reversals on shorts hurt.
PM8 Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
