That is put there for mum and dad investors to think people are interested in the stock.
Then they pull it away to create panic amd fear , then start to sell off and hit stops etc.
Then run off with your money..
If the buy side was banked up and was real.
Usually happens with a really good stock, and they have just announced big revenue etc, the buy side will far outweigh the sells .. then you have a bounce in the sp. Up not sideways.
IOT Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held