im not convinced either way as well. I am not sure it's a single large position that got liquidated. I am equally not sure it's NOT manipulation. Could be either of the two or a third option. The point I am trying to make is, We don't know and WE can't know. Someone knows for sure though.
what makes me really doubt the manipulation hypothesis is the tendency of stock communities to see manipulation behind every corner. This in it self is manipulative and dishonest.
To adapt the words of William of Baskerville:
The only evidence of manipulation I see here is everyones desire the desire to see it at work.
TLG - Media, page-5489
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Last
52.0¢ |
Change
-0.010(1.89%) |
Mkt cap ! $223.0M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 55.0¢ | 51.5¢ | $531.1K | 1.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3159 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 27969 | 2 |
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| TLG (ASX) Chart |