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Taro Pharmaceutical Industries Ltd. Message Board

  • moydegem moydegem Jun 21, 2013 11:11 PM Flag

    Were there manipulations at the close in Taro’s trading?

    About a minute before the market close, Taro’s price was $56. And then by “magic” a bid and an ask of $55.10 found each other and a transaction made in hell was executed, for a decline of $.90 or %1.6 in one tick- very unusual for Taro, especially lacking any n ews and when the market was up.

    The probability of such an event happening innocently is very slim, and such a manipulation is easy to device when the volume is so light- a person with two accounts can do it- one account issues ’sell at $55.1’ and the other ’ buy at $55.1’* almost at the same time.-that’s it.

    Unless the SEC investigates we will not know for sure what exactly happened, but we know very well who can benefit from a depressed Taro’s share, and does the “guy“ who is doing it lives in Mauritius ?

    My feeling is:There is BS-ism In Taro’s trading.

 
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