moira, (edited )
@moira@mastodon.murkworks.net avatar

Woah look at this after-hours intervention recovering today's Trump Media stock losses! Mostly!

And look at some of the incredibly low-value trades doing it! Single-share trades! Wow!

I'm not saying it's market manipulation but I'm saying it sure does look like market manipulation

ericschutte,
@ericschutte@mastodon.nl avatar

@moira @salliebecker I have no knowledge about trading and shares but how does this manipulation work? And if it is manipulation I guess that is illegal. Can anybody explain?

moira,
@moira@mastodon.murkworks.net avatar

@ericschutte @salliebecker If volume is low enough - and this is after hours - you can arrange out-of-market a bunch of "organic" buys and sells, right? Very small volumes, people jumping in and selling the same shares back and forth quickly at a pre-agreed price. So you end up with a "market price" of whatever you like.

It's not effective if volumes are any good at all but this is after-hours bullshit and the volumes are nonsense.

bls,
@bls@mas.to avatar

@moira Nah, it's just people buying a share or two today instead of a pair of gold sneakers or a bible. 🤣

moira,
@moira@mastodon.murkworks.net avatar

@bls Well, it is cheaper than both, and probably no more worthless.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • USpolitics
  • khanakhh
  • DreamBathrooms
  • thenastyranch
  • magazineikmin
  • osvaldo12
  • ethstaker
  • Youngstown
  • mdbf
  • slotface
  • rosin
  • everett
  • ngwrru68w68
  • kavyap
  • InstantRegret
  • megavids
  • GTA5RPClips
  • Durango
  • normalnudes
  • cubers
  • tacticalgear
  • cisconetworking
  • tester
  • modclub
  • provamag3
  • anitta
  • Leos
  • JUstTest
  • lostlight
  • All magazines