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Posted On: 06/30/2017 5:28:37 PM
Post# of 72440
Actually it's an excellent example to prove a point. Illiquidity makes it much easier to manipulate the stock price. The spread between bid and ask is usually large so the SP can be manipulated using a small amount of shares. On the other hand, if the daily volume was over 1M shares, it's much harder to manipulate the SP with a small amount of shares (like 18K).
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