On monitoring this stock. Blatant short and distort has occurred since last week and ongoing today.
An example of how this is implemented
The chart above shows a layer at 332. This layer is a spoof wall. The instothief (likely statestreet in this case as have been all over it), implements a false buy order at lower prices. The volume is so substantial that it causes the price to drop, when the price is reached they will move the wall lower and so on. In between the walls they load buys in and hoover up any sell.
This is a tactic used by instothieves to get a lower price while making big on short sales as well. It is illegal to spoof and layer however ASIC is useless overall and will ignore this for smaller fish.
If caught out in this, dont panic and Dont sell out into the manipulation. As said at same time the thieves have hoovered up plenty of shares which will then likely want to cash in on the gain. Zoom out and see this happened last month before rocketing again.
Don't listen to the trolls on here who dont hold most of what they say is unsubstantiated and nonsense as likely short and they do this on multi stocks they supposedly dont trade in. It is a shame HC allows this kind of behaviour occur.
Again, zoom out and see how went down last month. Same thing is happening. The company is in a very good spot and earned the gain due to good business.
DRO Price at posting:
$3.39 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)