DXF 0.00% 5.0¢ ding sheng xin finance co. limited

price manipulation, page-5

  1. 4,783 Posts.
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    Example is say I want to sell $10,000 shares and I am happy to get $1.00 for them

    So before I sell I'll nibble some buys and try drag the price up one cent at a time, maybe to $1.10, Maybe I spend $100 doing that, and then I sell 10,100 shares @ $1.00

    Then when price is $1.10 my sale order at $1.00 is more likely to get taken up.

    Remember you and I pay $17.99 per trade these guys pay an annual fee and all trades are free for them
 
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