Just curious and would be appreciative if anyone could explain why someone would deliberately cap the price of a stock for an extended period of time. DDR of course is the stock I am interested in, and a quick view of trade history and a more minute examination of intra-day trading will make it quite clear that every time the stock reaches 180c, someone puts in a sale order of 10000 or shares or perhaps 5000 shares to keep the price capped. Happened today multiple times and actually giving quite a high volume of shares traded for this particular stock.
Understand that someone might simply want to sell, but surely it would be better to let the price drift up under buyer demand rather than continuing to drive it down? I don't think there's any short-selling or stock lending going on.
Confused.
DDR Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
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