...an anal with some balls. The Fools actually stuck their head out of the sand and made a statement (vs petitioning it's readers for input). There isn't an anal out there that doesn't know the inner working of, and, why, RFMD's paper has been purposely surpressed. And they know who's doing it and why. These are "professionals" whose job it it to know the business inside and out. Normal activity and shenanigans is what they do for a living. So we can speculate all we want but the answer of who, why and how are out there. It appears that it's a hush-hush thing. Blackrock is a powerhouse and I'm not sure any anal would want to speak out about them for risk of ..........
The market and it's workings aren't mysterious. The play of RFMD is known. The question is why, and specifically, who. And will one of the anals or market insiders in-the-know step up to the plate?
<<There isn't an anal out there that doesn't know the inner working of, and, why, RFMD's paper has been purposely surpressed. And they know who's doing it and why. These are "professionals" ...>>
Yes, some professional investors to benefit from depressing RFMD prices. Those actually own million of shares. They own it not because RFMD is a good stock that will go from price A to price B in a time frame that makes them 10% to 20% but they own it to play it daily and weekly to make 150% in that same time frame.
How do they do it? The first rule is to keep prices down so it can attract retails and even small institutions. Having more info about the market and the stock, they sell in bad market days to push it all the way down. This action creates panic and some retails or small institutions sell too and prices drop even more. When the price is low enough, they buy and swing it up. They constantly are lowering their averages. Daily 1% to 2% and weekly 5% to 10% gain, who cares about 10% gain in a year or so. They have share power to do it. They can control it in either direction. They are not worry about low prices when they own it since they know that is a temporarily deal.
Bottom line, this scenario will continue until the situation is changed like low volume or sellers don’t want to sell at the low prices or the market become bullish or share buyback by the company. They change price level when a change happens . It seems that we overcame price below $4 and new range or level is $4 to $4.50. However, the volume has become low again and it seems not many sellers. It is time for them to push it another level, probably higher level. Next level will be $4.50 to $5.