Use his own words "At a predetermined lower price, massive buying of the stock then took place, snatching up all available shares and sending the volume spiking to levels that exceeded those that preceded the drop."
The keyword is "predetermined". Who and how unless it was conspiratorial?
that's how I read it!!! Definition of a conspiracy is when 2 or more people conspire to do something. Hf manipulated the price to cause the bear raids . The bear raid right after fda approval was insane. Pps hit 13+ and was immediately shorted to back and below fda approval price. I would say there is indeed a conspiracy to keep this low and try to drive the price down.
Right. And not only that, according to the "author" of the article, they (HFs) knew at what price they wanted to reverse direction. Dozens, if not hundreds had to be in on this. It must have cost the uninformed millions that went into the pockets of the conspirators. Seeking Alpha needs to pull that article. It is too stupid even for them.
Mark Boer. He wrote an article titled there is no conspiracy and the proceeded to tell us how the conspiracy worked. I just don't get it. Are we a nation of sheep and can we not do a little critical thinking and do we have to believe the headline when the body of the story tells us otherwise? I am baffled, not with Arena, but with all these hi-jinks surrounding Arena and the market and politics and the news media and today's mentality and education. Do I need to go on? I had to go to summer school to get my high school diploma. My IQ is only 121. But I know better than to buy into this ##$2.