Oh, Piggy! It is such a disappointment to see you posting again. I had hoped you had gone away. Don't you think it is time to cover your shorts and leave?
In this case we are talking pennies, not percentages. The most it can go to is zero. That last penny would be 100%. Time to start looking up.
Yes, they will manipulate with the least amount of money. If they can do it with $50 trades with no commission the better for them. If it was me or you making those trades we would be deep in the hole, even with minimum commissions. Ad if you doubt the HFT, please explain seven or more trades in the same second.
Please go back over what you just wrote and explain 7 trades of 100 shares in the same second. I believe the current vernacular is " High Frequency Trading." Go to NASDAQ Time and Sales, and you can see it yourself. Noted short seller Bill Fleckenstein, who correctly predicted the financial crisis in 2007, and is very cautious of stocks manipulated by HFT, thinks this should be outlawed. If it is helping you, please let us know how.
What does all of this have to do with the obvious manipulation of the stock price? If you like the manipulation don't write the SEC. If you don't like manipulation, then go to SEC.gov and complain.
Look at the NASDAQ Time and Sales for today. Several times there are four or five 100 or 200 share trades in the same second. Manipul8ion continues. If you don't like it please take a few minutes and fill out a form at SEC.gov.
Based on past experience it is reasonable for gold to bottom at the cost of production.. LODE's raw production is about $675 per ounce but with all costs in it is closer to $1,100 per ounce. Seems to me the bottom is near, but there is always the chance it will over-shoot a little. I just doubt it will get to $350. If China and India get deeply involved in selling it could cause some very low short term effects.
Then why are you here? If you don't own this stock leave us alone. If you own this stock, take your own advise -- sell it and move on-- then leave us alone.
Piggy, surely you haven't had a change of heart and are now trying to pump this stock???? Since you wrote that this article is supposedly dated four months ago why did you post it now? Is this some more of your NEW information?
In this case it is likely "Who SELLS 100 shares of a 50 cent Stock?" Commissions would break a non-manipulator. Besides, it is soon to be a 45 cent stock, just to make Piggy happy. Piggy knows ALL. Everybody should listen to him.
Piggy, the paid bashers like you are doing a good job this morning. Your manipulators have traded 100, 200, 0r 300 shares for 75 of the last 100 trades listed on NASDAQ Time and Sales website this morning, and thankfully it is now less than 50 cents, where I said it would eventually go. I must admit it is getting close to buying time (and for some its crying time). I hope you didn't get hurt too badly. As for the 100 share lots (usually means I need shares), 200 share lots (I need shares badly, but do not take it down) or 300 share lots (Take it down so I can load shares) it looks like it holds true. There are almost never many 400 share lots (Keep it going sideways) but we have had some 500 share lots (Gap the stock - the gap can be either up or down depending on the direction of the 500 signal) but on the other hand there is no manipulation of this stock if you ignore trades like the eight 300 share trades in the same second at 10:57:34 or the four 100 share trades in the same second at 11:35:31 this morning. Maybe 45 cents is a good target.
Piggy, the key wood to your post is the word "thought". Nobody cares what you "thought"
None of this faces the issue of obvious manipulation, like flash trading of 100 share lots, that is taking place almost every day. That is something that would have to be recognized before it is delisted. I hope they do. If you don't like it, then please take the time to check it out on NASDAQ Time and Sales website for a few days and then write the SEC and complain about it; It only takes about 5 minutes to fill out the form on line.at SEC.gov. If enough people report it, they will do something about it. The laws are already in place.