100 share lots, how low volume and sellers away leverages market cap
I've been watching CMG, a new poster child for overt manipulation. The market cap has risen $50,000,000 on the last 9,000 traded, mostly in 100 and 200 share lots. That means the movement in cap leverage is roughly 1000 to 1. Whenever this puppy blows apart (the market not just CMG) it will be ugly. The doors are not nearly wide enough.