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Zynga, Inc. Message Board

  • arbourplace arbourplace Mar 13, 2013 11:37 AM Flag

    Good Thing For Fractional Brokerage Shares Or There Would Be ZERO Volume.

    Not much action. The stock needs a Rumor.

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    • The fractional trades are the fingerprint of rigged "swap" shares where price fixing HFT Algorithms are employed to "walk the price down" in hopes of spooking up sellers. Usually, if they cant find sellers at one level, they walk it down to instill even more fear in hopes that someone, anyone will part with the shares they need to accumulate for either their long term long position, or in order to cover a short one. It should be illegal but with over 35 active ECN's licensed to represent this stock, its very difficult to track which offshore account trades are originating from, especially when they occur milliseconds apart across multiple anonymous accounts. The hew and cry against "naked shorting" is lost as most of the shares used to paint the tape are covered after they reach their desired goal that same day - thus no "reg sho" required (they have 3 days).

      Sentiment: Strong Buy

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