Broke noobs comment regarding Daisy Chain trading
Post# of 958
Broke noobs comment regarding Daisy Chain trading could apply to both MMTE and TTXP.
A Daisy Chain is when a group of unscrupulous investors engage in a kind of fictitious trading or wash selling, artificially inflating the price of a security so that they can sell it at a profit. Daisy Chain trading is a type of price manipulation typically used in stocks with low daily volumes --- stocks with low liquidity are much more susceptible to daisy chains.
Investors who do not look carefully at a stock are the usual prey of a daisy chain. As a stock rises due to increased volume, investors who didn't do all their homework may be attracted to the stock because they want to participate in the rising price. These investors are typically caught owning a stock that continues to depreciate long after the daisy chain sells out their positions for a profit.
You certainly seen manipulation of this kind with MMTE --- likely done by those who knew how to "play the game" and the same thing appears to be happening with TTXP.