"But trades like at the close down $0.005 1 share 197 - 237 etc etc and others ..............................seems no go !!!!"
This is a completely legitimate practice. Say you've been sitting at the best offer for the entire day (i.e. at 53.5c), but there are other orders in front of you, and obviously they have time priority over yours. You just want to get your order done, so during the auction you adjust down to 53c, matching the best bid.
Where the "1 share" overlap comes in, a bot can easily calculate how many shares it can bid at a higher price (such as 53.5c or 54c) so that the auction price will be kept to 53c rather than 53.5c. And that number of shares is 1 less than the number of shares that are offered lower.
It's a very easy way to pick up cheap shares at the end of the day. It is not in any way manipulation.
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"But trades like at the close down $0.005 1 share 197 - 237 etc...
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No. | Vol. | Price($) |
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