Odds are good that share price will maintain current range until close today at around 17.20.
Insiders and Big Bank puppets could easily manipulate this up to 18 or 19 or 20, but I think they will wait until April 20 and May 1st to do that. It will be pure manipulation and not market forces, so don't be a fool and jump on the bandwagon.
On May 2, many millions of new lockup expiration shares will be sold and there is no one stupid enough to try to stop the capitulation.
In May, dozens of shareholder lawsuits will be filed.
[It will be pure manipulation and not market forces, so don't be a fool and jump on the bandwagon.]
Not possible. You simply have no idea about how the market machinery works. None whatsoever, just a collection of myths that aren't even consistent with what you've experienced from your own buying and selling.
If you think otherwise, explain how anyone of whatever size could manipulate any listed stock.
I have manipulated listed stocks higher myself, just so I could avoid margin calls. It is easy. At 5 seconds before 1600, I buy at the ask and move the pps up enough to save myself getting a margin call.
What is so hard about that?
Today, watch the Last Sale of GRPN and you will see manipulation at it's best(or worst).