MVP 0.53% 47.8¢ medical developments international limited

Chart Update, page-23

  1. 377 Posts.
    lightbulb Created with Sketch. 34
    Yeah.. manipulation, said earlier before that anything under $6 would have been a good buy.

    Instos definitely shook the weak hands below $6, and now moving up. It is very easy to drop some money to move the price up and down. But given that nearly 500K shares were bought around $6, no doubt that represent a 5% profit already to whoever bought them up at $6 and while spending only a little bit of money to move the price upwards.

    Of course, if it goes back to $7, a $1 profit on 500K shares is $500K profit minimum, while buying up at $6.10, $6.20, etc gives even more profit.
    Last edited by limlwl: 06/12/17
 
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