TROP

TROP | Joined since 2013-11-15

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2013-11-15 13:14 | Report Abuse

@KAH, They do two at once.
1. Press down the price to accu
2. Short sell to gain $

Prev close - 1.38
Today open queue 1.36 buy 1.38 sell
Gang A Already Queue at 1.36
gap in 1.37
no activity.

Gang B then queue buy 1.37

Gang C sell to Gand B hence clears 1.37

Some people panic then sell cheaper at 1.36 and 1.35
By this time, this triggers margin call for some one who bought at 1.65 previously.

Some house might force sell at 1.35 and 1.36.

The syndicate gang makes their goal. Short sell 1.37 and buy back at 1.35 and 1.36

Before closing, they try to push up the price again.

The process is repeated successfully these 2 months.

The syndicagete gang makes $ by short sell, whilst pressing the price down.