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Posted On: 05/12/2017 10:02:41 AM
Post# of 41413
One theory - Stock manipulators on both sides of trade. A couple guys could be in collusion who submits low bits and themselves buy – driving price down artificially causing panic individuals to sell their shares – they in turn quickly scoop up and then allow price to rise – once back to normal level they sell and take the profits – then start the game all over again. Very difficult to do this when demand is high and stock not a penny stock. Saw this on the news – a couple guys were arrested doing this.
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