I reckon a lot of this is HHL selling to itself. If they drop a few hundred k once in a while it gives the impression there is a desperate seller while only costing them the difference between their buy and sell, which is probably somewhere between nothing and 2c/share. Each time we see one of these dump days the price remains depressed for up to a week. If this is whats going on it's working spectacularly well.
Of course, it wouldn't work very well if there where herds of buyers falling over themselves to acquire the stock, so there obviously isn't.
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