I have noticed a trend with stocks like CMG. When you get a lot of small individual investors touting that a stock is overpriced and when a lot of small individual investors short a stock, that is precisely when the big institutional investors and MMs drive up the price into the stratosphere. Has anyone else noticed this obvious trend?
Or maybe the institutions run the price up ( manipulation ) to get small investor to short then they run it up more to take their money?? Look at a 3 year chart it hasn't just gradually become overpriced. No breather, no consolidation, no correction.
While your looking up that 3 year, print up PCLN, AXO and LULU. If you can distinguish one from the other without looking at the name on the top you get a a big prize. - PJ
PJ..one easy chart difference!..that straight, narrow CMG upwedge for the last 3 mos...I've never in 4 decades seen such a controlled shortsqueeze for so long. Probably because it's done by computer algorithm for the largest hedge funds.
Or stocks from earlier eras. RCA was ramped up to $600 (from $40), then dis a 4:1 split, and ramped a bit more before it finally fell off the cliff in Oct '29.
More recently in 1987, market faves Gap (GPS) and Limited (LTD) were ramped up to very high peaks, and one month before the '87 crash, just started to collapse, like Willie Coyote when he runs off the cliff and looks down, seeing 3000 feet of air.