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Incidentally, for those of you who are looking around you and not seeing what on Earth could be fueling the "green shoots" BS, you can see it right here:Intentional pumping in order to drag speculative prices up. By and large, volumes have been way, way, WAY down and "program trading" has accounted for approximately 40% for a few months now. That is, program trading for about four stocks in particular. What that amounts to is a few players keep bouncing some shares of a stock back and forth between them to walk the price up. Given that the Insider-Selling-to-Buying ratio has lately been running ~30:1, this is NOT a good thing. Well... it won't be for a bunch of suckers anyhow.
Incidentally, for those of you who are looking around you and not seeing what on Earth could be fueling the "green shoots" BS, you can see it right here:
Intentional pumping in order to drag speculative prices up. By and large, volumes have been way, way, WAY down and "program trading" has accounted for approximately 40% for a few months now. That is, program trading for about four stocks in particular. What that amounts to is a few players keep bouncing some shares of a stock back and forth between them to walk the price up. Given that the Insider-Selling-to-Buying ratio has lately been running ~30:1, this is NOT a good thing.
Well... it won't be for a bunch of suckers anyhow.
