Thank you for your post! I don't know how we ca
Post# of 36537
I don't know how we can protect ourselves from it...but one thing I was thinking like you said - maybe these guys purposely drive PPS down to get more shares/warrants...but once they get those, don't you think they will purposely drive the PPS up then...we can then enjoy the wave up? Just wondering if you or anyone think my logic makes sense.
Southhill wrote -
Volume was down significantly today. Hopefully the downward pressure may be over?? I placed a post last week regarding ask/bid trades between several large players selling back and forth between themselves in a coordinated effort to drive pps down.After awhile I picked up on the pattern and the tells in the numbers. So Friday I starting jumping the bid/ask when I felt it was the same dickheads. For example, they seem to like the 2500 ask size so I would buy 2000 at the ask preempting the significantly lower bid. I did this all afternoon about 20-25 times. I also noticed they avoided the big volume asks towards the end of the day. It seems they want to drive Gnbt pps down but don’t want to sacrifice shares in the process. Yesterday and today the pattern were not in play or it had been modified. As I have said in past I’m not very educated with how stocks work like most of people on this board so it could be just be my imagination and I was just sparring with an algorithm all Friday. But the pps did go up .06.The big question is if this is actually happening how do we protect ourselves from it?
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