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  4. Baltia Air Lines Inc (BLTA) Message Board

NP now i dont have proof of any of this but it is

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Post# of 41414
Posted On: 03/09/2015 10:49:22 AM
Posted By: nasty9er
Re: Hootavoota #11695
NP now i dont have proof of any of this but it is my educated hunch ..... i have seen alot of different typse of manipulation tactics and try to learn them all ...... "know thy enemy"..........another tactic i feel like i have seen here a few times is wash trading to create selling pressure ..... this tactic works for buying or selling and it is done in this manner ........ you would put up a big order like that 970k on the bid at .017 like this morning then you actually sell into your own bid making it look like big selling volume when really the trade only cost a commission since the shares never changed hands .......... but when plp see big bids getting fill they think plp are dumping so they sell themselves which can create a chain reaction and a sell off ............. then that same scenario can be done by buying your own shares on the ask creating buying pressure and spikes in volume

again no proof but thats what it looks like to me


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