Posted On: 07/10/2015 11:23:40 AM
Post# of 96881
Manipulation is so obvious by MM's. Lots of trades keep showing up for 10k shares and several 1k, 2k, 3k transactions. Not many investors buy an amount of shares that cost less than the commission on the purchase. A 10k purchase costs $85??? Who buys 10k and then pays a $10 commission on it? These are just wash trades and to me is the biggest problem with the manipulation. People who don't know better or don't have level 2 think that the pps is really going down when all that is happening is fake transactions that make a lower price post to the system as the last sale price. So far the L2 shows 900k shares traded. That's about $7,500 in share transactions. It is so obvious that it is being held down by wash trades.
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