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BobLoblaw

3,512 Posts.

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17/04/20

11:55

Post #: 44098499
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Originally posted by jwb2618: ↑

I don't think you're looking at the total picture. Let me outline what happened today.
Opened @$16
Then 13 individual trades @ $16 - 2 were in single digits, 1 was for just 14 shares. Total of 6,792 shares.

I didn't see those 13 trades listed in the depth.

Then,
225 @$15.20
196 @$15.20
359 @ $14.96
50 @$14.95
1,000 @ $15.00
30 @ $15.00
25 @ $15.20

None of us can be sure that these were all genuine transactions, involving a real buyer and seller. Some could be simultaneous sell/buy trades.
My view is as always - some people CAN manipulate the stock up or down, and they are doing it. The stock can't really be shorted because the big holders control the bulk of the stock.
The top 20 hold more than 65%, and there are 38 investors who each hold more than 100,000 shares. Do the math.
But, there are 1,900 people who own between 1-10,000 shares, plenty enough to play silly buggers. In this discussion, my money is on Neerock

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...also, recommend fixing your terminology, I know what you're trying to say but every trade is a simultaneous buy/sell.

AKP Price at posting: $14.75 Sentiment: None Disclosure: Not Held
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