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SK3 Group Inc. SKTO
Posted On: 07/23/2014 2:23:35 PM
Post# of 36729
Posted By: bellsandwhistles
After TDA this week disallowed buys of AEGY, its volume has declined noticeably. It could be argued that, shut off from that avenue, the gluttons for punishment veered toward SKTO. lol Today's trading in SK3 is textbook price manipulation. After steady @ 0.0014, there suddenly appear two come-on trades, one hour apart, of $100 and $70 (both @ 0.0020). The crafted 50%+ rises had the desired affect of baiting and then rebaiting the hook for the 0.0015's that followed. A classic sucker play. With no market makers to fuss with, all it takes are two colluding E-traders ping-ponging a very small packet of shares back and forth at 50%+ over baseline to set the trap for their marks. However, this pattern, if it persists, will invariably attract FINRA if it hasn't already.













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