Painted The Tape Green for themselves since Friday Dec 29th
The Big boys have taken millions of dollars out of the Cannabis market as a New Years Gift to themselves. And lots of us have made money I have netted 50k since Friday Dec 29th on a few trades. Brokerages run for the exits since. the big reason today?
Jeff Sessions rescinded the Obama a-era policy and he is now
cracking down won States Right To Sell Pot i.e. California biggest in the world
Recreational marijuana now legal in California and ,
Attorney general to end lenient enforcement of federal marijuana laws, days after new legalization measure took effect in California Source
Friday BUY/SELLS shown below:
The retail buyers range from Cantor Fitz to Instinet
| 4 Cantor Fitz | 560 | 7,700 | 13.75 | 0 | 560 | -7,700 | ||
| House | Bought | $Val | Ave | Sold | $Val | Ave | Net | $Net |
|---|---|---|---|---|---|---|---|---|
| 13 Instinet | 25,782,390 | 305,490,856 | 11.849 | 23,160,692 | 274,732,505 | 11.862 | 2,621,698 | -30,758,351 |
The Giants dumped 282,251,035 shares on the retail market since Friday there are 452,733,103 shares in the float. so 60% of the float was in play since Friday 29th.
I think the ACB store is going into hibernation very soon ... maybe by Friday.
Then they will accumulate shares as the price falls o the lowest possible point, and then they will flip the switch again, and the cycle runs again and again. How many times until July 2018
come in again and in the future as we approach July 2018 legalization.
As long as there is demand they will play in this game. The smart retail trader watch the signs and the patterns and most importantly the tale of the tape. Watch the stats...look below.
| Security Type | Equity |
| Shares Issued | 452,733,103 |
| Market Cap | 5,903,640,000 |
| Year High | 14.88 |
| Year Low | 1.90 |
| Annual Earnings/Share | -0.05 CAD |
| P/E Ratio | -260.80 |
| Annual Dividend/Share | 0.00 CAD |
| Annual Dividend Yield | 0.00 % |
| Ex-Dividend Date | |
| Sector | 30202010 - Agricultural Products |
The Facts...
We called on telephone=all systems busy
Emailed- No Reply other than "Due to volume systems unavailable"
TD website and advanced dashboard crashes online trade access for Retail and the same with RBC Dashboards. We could NOT load up at 11.70 which is where they crashed the stock at the bottom end today.
This allowed them to absorb the stop losses at a great discount and but the Pros Traders took the cash and left you the paper. They will now let the stock fall or rise on its own power.
But they have left people under water since 14.88. So there will be sellers all the way from todays price $13.04 to 14.88 . And that is just ACB, check out all the others and see the same pattern,
Weed APH Leaf , all the same story they rode them way up, than sold off.
Updated:And the fall continued to $11.85 Friday)
Now ACB still has a chance to get back thru 14.00 but its going to be tough UNLESS there are still brokerage houses that can paint the tape Green and get MORE retail buyers.
And the blockage on RBC and TD was to allow only brokerages to trade , and the dumped stock drove the price down and picked up all the stop-losses at HUGE discounts UNTIL THE NEXT TIME
This is the classic legal Pump and Dump and Painting the tape green is how they create a buying frenzied Bull Market. BUT the question is did you pay attention to the signs that the game was ending? It was posted by me on Stockhouse. I exited the stock today did you?
They brought HUGE volume thru their technique. And they capitalized on ALL the great Weed News
When Jeff Sessions came out against pot today the Canadian and USA brokerages shown in green below, dumped millions more than they bought and exited , this is just today I will show you the last 4 trade days totals.
| Close Prices Last 4 Trade Days | Price/volumes not adjusted for restructures |
| Date | Ex | Sym | Open | High | Low | Close | Chg | Total Vol | #Tr | Bid | Ask | T-TSX | A-Alpha | X-Chi-X | H-CX2 | P-Pure | O-Omega | E-NEO | M-TriAct | L-LiquidNet | I-Instinet | Y-Lynx | U-NEO |
| 2018-01-04 | T | ACB | 13.80 | 14.00 | 11.49 | 13.04 | -1.14 | 72,645,469 | 180,727 | 13.04 | 13.05 | 57,917,187 | 2,925,312 | 5,323,500 | 1,570,877 | 247,502 | 527,300 | 877,891 | 5,000 | 3,238,200 | |||
| 2018-01-03 | T | ACB | 12.93 | 14.88 | 12.50 | 14.18 | 2.36 | 84,085,400 | 183,534 | 14.15 | 14.18 | 68,942,669 | 5,634,693 | 4,979,700 | 2,401,979 | 176,644 | 1,291,200 | 1,513,570 | 1,200 | 3,733,365 | |||
| 2018-01-02 | T | ACB | 10.75 | 11.91 | 10.11 | 11.82 | 2.22 | 55,422,529 | 99,507 | 11.82 | 11.90 | 38,048,003 | 4,285,371 | 4,886,911 | 1,393,465 | 217,971 | 1,140,700 | 766,578 | 3,000 | 4,680,530 | |||
| 2017-12-29 | T | ACB | 9.25 | 10.53 | 8.60 | 9.60 | 0.66 | 70,094,937 | 127,446 | 9.58 | 9.60 | 51,864,334 | 5,431,277 | 4,948,700 | 1,645,030 | 287,657 | 744,500 | 681,639 | 5,600 | 4,486,200 |
But short covering contributed to the fast ris in the stock to 14.88
23,541,500 short stocks since Dec 15 2017 or 5.26 % of the Float (Shares Insured)
| Short Positions for ACB |
| Symbol | Report Date | Volume | Change | Shares Issued | % Float |
|---|---|---|---|---|---|
| T : ACB | 2017-12-15 | 23,541,500 | -1,393,862 | 447,943,830 | 5.26 |
| T : ACB | 2017-11-30 | 24,935,362 | -11,143,738 | 403,600,110 | 6.18 |
| T : ACB | 2017-11-15 | 36,079,100 | 11,535,768 | 401,926,151 | 8.98 |
Look at the green below
| House Positions for C:ACB from 20180104 to 20180104 |
| House | Bought | $Val | Ave | Sold | $Val | Ave | Net | $Net |
|---|---|---|---|---|---|---|---|---|
| 7 TD Sec | 12,611,825 | 164,415,816 | 13.037 | 11,769,156 | 153,788,603 | 13.067 | 842,669 | -10,627,213 |
| 39 Merrill Lynch | 1,767,043 | 23,201,441 | 13.13 | 1,289,519 | 16,964,121 | 13.155 | 477,524 | -6,237,320 |
| 9 BMO Nesbitt | 3,900,277 | 50,907,953 | 13.052 | 3,562,069 | 46,307,045 | 13.00 | 338,208 | -4,600,908 |
| 124 Questrade | 1,910,914 | 24,772,485 | 12.964 | 1,757,289 | 22,845,925 | 13.001 | 153,625 | -1,926,560 |
| 13 Instinet | 4,993,640 | 64,446,190 | 12.906 | 4,841,409 | 62,495,324 | 12.908 | 152,231 | -1,950,866 |
| 19 Desjardins | 1,135,447 | 14,907,733 | 13.129 | 998,969 | 13,164,747 | 13.178 | 136,478 | -1,742,986 |
| 80 National Bank | 1,256,553 | 16,342,688 | 13.006 | 1,181,725 | 15,347,654 | 12.988 | 74,828 | -995,034 |
| 143 Pershing | 397,725 | 5,207,312 | 13.093 | 323,102 | 4,130,459 | 12.784 | 74,623 | -1,076,853 |
| 59 PI | 147,208 | 1,925,099 | 13.077 | 99,849 | 1,250,855 | 12.527 | 47,359 | -674,244 |
| 88 Credential | 170,565 | 2,167,377 | 12.707 | 133,376 | 1,692,864 | 12.692 | 37,189 | -474,513 |
| 76 Industrial Alliance | 257,367 | 3,164,457 | 12.296 | 229,809 | 2,897,302 | 12.607 | 27,558 | -267,155 |
| 56 Edward Jones | 60,923 | 805,667 | 13.224 | 34,080 | 442,845 | 12.994 | 26,843 | -362,822 |
| 1 Anonymous | 9,458,587 | 122,856,547 | 12.989 | 9,444,424 | 122,832,668 | 13.006 | 14,163 | -23,879 |
| 72 Credit Suisse | 97,601 | 1,307,126 | 13.393 | 83,700 | 1,081,661 | 12.923 | 13,901 | -225,465 |
| 62 Haywood | 22,700 | 289,763 | 12.765 | 13,340 | 178,993 | 13.418 | 9,360 | -110,770 |
| 3 AltaCorp | 9,100 | 117,505 | 12.913 | 2,900 | 38,781 | 13.373 | 6,200 | -78,724 |
| 77 Peters | 5,800 | 70,984 | 12.239 | 0 | 5,800 | -70,984 | ||
| 57 Interactive | 39,017 | 498,347 | 12.773 | 33,357 | 433,490 | 12.995 | 5,660 | -64,857 |
| 48 Laurentian | 4,666 | 60,630 | 12.994 | 1,925 | 24,314 | 12.631 | 2,741 | -36,316 |
| 200 Acumen | 3,120 | 38,538 | 12.352 | 1,715 | 20,580 | 12.00 | 1,405 | -17,958 |
| 94 Hampton | 1,000 | 12,980 | 12.98 | 0 | 1,000 | -12,980 | ||
| 4 Cantor Fitz | 560 | 7,700 | 13.75 | 0 | 560 | -7,700 | ||
| 68 Leede | 20,554 | 263,791 | 12.834 | 20,400 | 268,865 | 13.18 | 154 | 5,074 |
| 84 Ind Trading | 39,400 | 516,875 | 13.119 | 39,400 | 517,841 | 13.143 | 0 | 966 |
| 36 Latimer | 20,300 | 261,514 | 12.882 | 20,800 | 270,372 | 12.999 | -500 | 8,858 |
| 25 Odlum | 2,840 | 36,707 | 12.925 | 4,500 | 59,582 | 13.24 | -1,660 | 22,875 |
| 70 Manulife | 18,663 | 243,493 | 13.047 | 21,740 | 273,957 | 12.602 | -3,077 | 30,464 |
| 14 ITG | 106,239 | 1,404,257 | 13.218 | 110,986 | 1,419,174 | 12.787 | -4,747 | 14,917 |
| 22 Fidelity | 5,382 | 68,249 | 12.681 | 15,150 | 188,645 | 12.452 | -9,768 | 120,396 |
| 15 UBS | 49,238 | 649,329 | 13.188 | 60,712 | 807,730 | 13.304 | -11,474 | 158,401 |
| 99 Jitney | 957,900 | 12,495,866 | 13.045 | 971,100 | 12,782,083 | 13.162 | -13,200 | 286,217 |
| 43 Caldwell | 1,000 | 13,481 | 13.481 | 15,900 | 215,019 | 13.523 | -14,900 | 201,538 |
| 101 SG Capital | 80,200 | 1,002,356 | 12.498 | 96,300 | 1,207,213 | 12.536 | -16,100 | 204,857 |
| 83 Mackie | 42,200 | 560,715 | 13.287 | 59,800 | 805,289 | 13.466 | -17,600 | 244,574 |
| 90 Barclays | 21,500 | 273,387 | 12.716 | 40,000 | 521,247 | 13.031 | -18,500 | 247,860 |
| 58 Qtrade | 381,678 | 4,964,027 | 13.006 | 403,507 | 5,200,207 | 12.888 | -21,829 | 236,180 |
| 97 M Partners | 0 | 27,350 | 365,525 | 13.365 | -27,350 | 365,525 | ||
| 85 Scotia | 4,219,342 | 54,912,204 | 13.014 | 4,247,594 | 55,191,843 | 12.994 | -28,252 | 279,639 |
| 2 RBC | 5,229,598 | 68,427,345 | 13.085 | 5,273,324 | 68,843,019 | 13.055 | -43,726 | 415,674 |
| 65 Goldman | 259,440 | 3,351,738 | 12.919 | 324,353 | 4,246,238 | 13.091 | -64,913 | 894,500 |
| 53 Morgan Stanley | 95,328 | 1,242,285 | 13.032 | 202,269 | 2,671,615 | 13.208 | -106,941 | 1,429,330 |
| 28 BBS | 330,824 | 4,266,426 | 12.896 | 616,995 | 7,863,587 | 12.745 | -286,171 | 3,597,161 |
| 74 GMP | 85,370 | 1,143,080 | 13.39 | 374,042 | 4,795,483 | 12.821 | -288,672 | 3,652,403 |
| 89 Raymond James | 80,259 | 1,032,677 | 12.867 | 385,845 | 4,926,300 | 12.768 | -305,586 | 3,893,623 |
| 33 Canaccord | 6,535,629 | 84,502,935 | 12.93 | 7,089,324 | 91,746,412 | 12.941 | -553,695 | 7,243,477 |
| 79 CIBC | 13,149,611 | 170,267,785 | 12.949 | 13,761,029 | 178,299,383 | 12.957 | -611,418 | 8,031,598 |
| TOTAL | 69,984,133 | 909,424,860 | 12.995 | 69,984,133 | 909,424,860 | 12.995 | 0 | 0 |
| House Positions for C:ACB from 20171229 to 20180104 |
| House | Bought | $Val | Ave | Sold | $Val | Ave | Net | $Net |
|---|---|---|---|---|---|---|---|---|
| 13 Instinet | 25,782,390 | 305,490,856 | 11.849 | 23,160,692 | 274,732,505 | 11.862 | 2,621,698 | -30,758,351 |
| 7 TD Sec | 58,687,702 | 709,157,088 | 12.084 | 57,274,821 | 691,000,539 | 12.065 | 1,412,881 | -18,156,549 |
| 89 Raymond James | 2,366,007 | 29,719,075 | 12.561 | 1,279,169 | 16,400,970 | 12.822 | 1,086,838 | -13,318,105 |
| 39 Merrill Lynch | 7,655,110 | 90,219,470 | 11.786 | 6,639,972 | 77,543,645 | 11.678 | 1,015,138 | -12,675,825 |
| 80 National Bank | 5,457,539 | 65,439,939 | 11.991 | 4,498,151 | 54,012,989 | 12.008 | 959,388 | -11,426,950 |
| 85 Scotia | 19,307,160 | 229,443,396 | 11.884 | 18,494,457 | 218,495,399 | 11.814 | 812,703 | -10,947,997 |
| 72 Credit Suisse | 1,581,832 | 16,638,404 | 10.518 | 861,608 | 9,709,224 | 11.269 | 720,224 | -6,929,180 |
| 19 Desjardins | 4,505,425 | 54,242,767 | 12.039 | 3,900,078 | 46,848,964 | 12.012 | 605,347 | -7,393,803 |
| 143 Pershing | 1,285,800 | 15,835,307 | 12.316 | 769,341 | 9,473,748 | 12.314 | 516,459 | -6,361,559 |
| 76 Industrial Alliance | 1,147,329 | 13,912,904 | 12.126 | 762,085 | 10,003,869 | 13.127 | 385,244 | -3,909,035 |
| 14 ITG | 621,441 | 7,716,475 | 12.417 | 318,753 | 3,797,114 | 11.912 | 302,688 | -3,919,361 |
| 8 Eight | 291,000 | 2,824,439 | 9.706 | 0 | 291,000 | -2,824,439 | ||
| 2 RBC | 22,835,136 | 266,913,970 | 11.689 | 22,654,279 | 263,106,477 | 11.614 | 180,857 | -3,807,493 |
| 59 PI | 554,385 | 7,005,081 | 12.636 | 387,145 | 4,831,072 | 12.479 | 167,240 | -2,174,009 |
| 56 Edward Jones | 178,053 | 2,178,284 | 12.234 | 94,494 | 1,177,559 | 12.462 | 83,559 | -1,000,725 |
| 124 Questrade | 9,875,206 | 118,388,527 | 11.988 | 9,813,505 | 116,267,859 | 11.848 | 61,701 | -2,120,668 |
| 24 Clarus | 50,000 | 544,471 | 10.889 | 0 | 50,000 | -544,471 | ||
| 15 UBS | 168,601 | 2,072,319 | 12.291 | 129,817 | 1,721,748 | 13.263 | 38,784 | -350,571 |
| 57 Interactive | 146,260 | 1,715,830 | 11.731 | 119,660 | 1,385,679 | 11.58 | 26,600 | -330,151 |
| 99 Jitney | 5,166,500 | 61,629,715 | 11.929 | 5,143,900 | 61,624,550 | 11.98 | 22,600 | -5,165 |
| 86 Pictet | 20,000 | 225,800 | 11.29 | 0 | 20,000 | -225,800 | ||
| 150 Trapeze | 22,300 | 207,875 | 9.322 | 7,900 | 73,438 | 9.296 | 14,400 | -134,437 |
| 25 Odlum | 19,765 | 217,235 | 10.991 | 8,825 | 116,589 | 13.211 | 10,940 | -100,646 |
| 70 Manulife | 76,965 | 927,834 | 12.055 | 67,923 | 756,497 | 11.138 | 9,042 | -171,337 |
| 88 Credential | 461,835 | 5,651,459 | 12.237 | 456,238 | 5,353,176 | 11.733 | 5,597 | -298,283 |
| 48 Laurentian | 18,107 | 225,290 | 12.442 | 13,913 | 178,189 | 12.807 | 4,194 | -47,101 |
| 3 AltaCorp | 219,400 | 2,409,303 | 10.981 | 215,800 | 2,259,670 | 10.471 | 3,600 | -149,633 |
| 22 Fidelity | 49,629 | 596,483 | 12.019 | 46,998 | 569,068 | 12.108 | 2,631 | -27,415 |
| 4 Cantor Fitz | 560 | 7,700 | 13.75 | 0 | 560 | -7,700 | ||
| 102 Lakeshore | 196 | 2,096 | 10.694 | 0 | 196 | -2,096 | ||
| 101 SG Capital | 144,800 | 1,804,564 | 12.462 | 144,800 | 1,821,550 | 12.58 | 0 | 16,986 |
| 94 Hampton | 1,000 | 12,980 | 12.98 | 1,000 | 11,900 | 11.90 | 0 | -1,080 |
| 84 Ind Trading | 92,900 | 1,260,861 | 13.572 | 92,900 | 1,252,876 | 13.486 | 0 | -7,985 |
| 11 Macquarie | 70,000 | 960,385 | 13.72 | 70,000 | 957,651 | 13.681 | 0 | -2,734 |
| 92 Pollitt | 0 | 500 | 7,000 | 14.00 | -500 | 7,000 | ||
| 77 Peters | 8,050 | 94,131 | 11.693 | 10,500 | 106,865 | 10.178 | -2,450 | 12,734 |
| 68 Leede | 53,274 | 644,916 | 12.106 | 58,970 | 707,840 | 12.003 | -5,696 | 62,924 |
| 200 Acumen | 4,640 | 53,110 | 11.446 | 10,485 | 134,002 | 12.78 | -5,845 | 80,892 |
| 36 Latimer | 83,500 | 999,442 | 11.969 | 89,381 | 1,085,170 | 12.141 | -5,881 | 85,728 |
| 87 Beacon | 0 | 10,000 | 138,833 | 13.883 | -10,000 | 138,833 | ||
| 18 Echelon | 5,750 | 74,149 | 12.895 | 19,000 | 260,877 | 13.73 | -13,250 | 186,728 |
| 28 BBS | 1,263,804 | 15,051,632 | 11.91 | 1,277,543 | 15,558,746 | 12.179 | -13,739 | 507,114 |
| 43 Caldwell | 2,000 | 27,321 | 13.661 | 15,900 | 215,019 | 13.523 | -13,900 | 187,698 |
| 90 Barclays | 43,750 | 580,996 | 13.28 | 75,000 | 998,422 | 13.312 | -31,250 | 417,426 |
| 58 Qtrade | 1,339,870 | 16,275,435 | 12.147 | 1,374,260 | 16,627,406 | 12.099 | -34,390 | 351,971 |
| 83 Mackie | 555,835 | 5,905,369 | 10.624 | 593,600 | 6,433,856 | 10.839 | -37,765 | 528,487 |
| 97 M Partners | 32,500 | 290,325 | 8.933 | 114,250 | 1,265,870 | 11.08 | -81,750 | 975,545 |
| 62 Haywood | 66,300 | 798,140 | 12.038 | 439,803 | 4,900,388 | 11.142 | -373,503 | 4,102,248 |
| 74 GMP | 134,735 | 1,740,946 | 12.921 | 525,999 | 6,758,558 | 12.849 | -391,264 | 5,017,612 |
| 73 Cormark | 0 | 422,010 | 5,782,685 | 13.703 | -422,010 | 5,782,685 | ||
| 9 BMO Nesbitt | 13,998,368 | 167,641,708 | 11.976 | 14,803,201 | 177,354,517 | 11.981 | -804,833 | 9,712,809 |
| 65 Goldman | 1,007,737 | 12,420,306 | 12.325 | 1,935,067 | 25,309,537 | 13.079 | -927,330 | 12,889,231 |
| 53 Morgan Stanley | 1,298,147 | 15,212,942 | 11.719 | 2,338,492 | 27,773,713 | 11.877 | -1,040,345 | 12,560,771 |
| 1 Anonymous | 34,807,660 | 416,583,866 | 11.968 | 36,127,093 | 433,238,413 | 11.992 | -1,319,433 | 16,654,547 |
| 33 Canaccord | 16,957,849 | 218,397,045 | 12.879 | 18,994,039 | 243,689,017 | 12.83 | -2,036,190 | 25,291,972 |
| 79 CIBC | 41,726,933 | 504,644,601 | 12.094 | 45,587,718 | 549,203,314 | 12.047 | -3,860,785 | 44,558,713 |
| TOTAL | 282,251,035 | 3,393,034,562 | 12.021 | 282,251,035 | 3,393,034,562 | 12.021 | 0 | 0 |
The Pump and Dump
The Roulette Wheel Of The Market-Sectors
Hot Money Moves From Sector To Sector And If You Follow The Money You Will Never Be Left Holding The Dirty Bag. Venture Exchange Stock Manipulation Is A Fact Of Life And Here Is How It Works...Pump & Dump Scheme vs Short & Distort Scheme
This interesting article uses stages to help explain not only the stages of the highly publicized PUMP & DUMP scheme but also the stages of the lesser known SHORT & DISTORT scheme.
PUMP & DUMP vs SHORT & DISTORT
Most traders have heard and read of the Pump & Dump scheme. But very little has been written about the other side of the trade or its opposite, which is the Short & Distort.
Now lets take the Short & Distort scheme and apply it to the rules of Pump + Dump for stock manipulators.
In order to make these market manipulations work, the professionals assume:
(a) The Public is STUPID and
(b) The Public will mainly buy at the HIGH and
(c) The Public will sell at the LOW.
Therefore, as long as the market manipulator can run crowd control, he can be successful in his agenda of stock manipulation by controlling the market's greed and fear.
The Pump & Dump Scheme
Stage 1: The Acquisition of shares.
Please note: all sharp price movements, whether up or down, are the result of one or more, usually a group, professionals manipulating the share price.
(Loading): In stage I of a Pump & Dump scheme Manipulators after acquiring their shares leak information and pump the stock to get buyers silently. This leads to front loading also.
Stage 2: The Promotional Campaign!
Note: this is designed to spread a rumor/story and to play on the emotional greed of a pie in the sky find. It begins to spread across the financial world. Joe public rushes in not to miss the next gold rush.
(PUMP/Greed) Newsletter writers are hired -- either secretly or not -- to cheerlead a stock. PR firms are hired and let loose upon an unsuspecting public. Contracts to appear on radio talk shows are signed and implemented. An advertising campaign is rolled out (television ads, newspaper ads, card deck mailings, e-mails, etc.).
The company signs up to exhibit at "investment conferences" and "shows" (mainly so they can get a little "podium time" to hype their stock and tell you how "their company is really different" and "not a stock promotion.") Funny little "hype" messages are posted on Internet newsgroups. BTW the more, the merrier. 1000% returns are projected.
Stage 3: The infamous DUMP!
(DUMP) The once low volume that caused a bit of a spike suddenly changes to big volume. The stock manipulators sell out their positions into the new buying brought on by the promotion campaign.
Stage 4: The Silence or News Vacuum!
(Silence) No more news or insider leaks of information to pump the stock to get buyers. The front loading sells out. The silence plays on the emotional fear of being hoodwinked. Negative opinions begin to spread across the financial world. Joe public sells out to cut their losses. The really slick market manipulators would even seed the Internet news groups or other journalists to plant negative stories about that company. Or start a propaganda campaign of negative rumors on all available communication vessels.
Stage 5: The Distortion!
(Gone/Waiting/Shorting):
Stage 6: The Accumulation!
(Gone/Waiting/Buying): If the manipulator sees an opportunity the stock is on the floor and not part of the Short & Distort campaign they will begin buying back and slowly accumulating. As the Shorters were shorting the first manipulator was selling, so now it goes the other way. Buying to put pressure on the shorter to cover. Accumulation by new investors and averaging down of old investors leads to the pressure on the shorts.
The Short & Distort Scheme
Stage I: Monitoring
In stage I of a Short & Distort scheme Short groups Monitor spikes in volumes on stocks with no rumors.
Stage 2: Flagging
Shorts Flag stocks that run up then sits back and wait patiently for their time.
Stage 3: Preparation
The Shorters research the company and develop their Distortion of the rumors to be used later.
Stage 4: Actual Shorting
The shorts step in selling on every possible up tick. This is the Reverse of front loading. Preparations are made to attack the guy who had earlier written positively about the company and take out, discredit, any new long-term champions or messengers.
Stage 5: Distortion Campaign
The shorts step in and increase selling on every possible up tick. Just as with the pump, newsletters, e-mail, PR firms against P & D, etc. are simulated. Expertise in the field is recruited for credibility. Any possible twist using POS (Purposely Omitted Syntax) and PAS (Purposely Added Syntax) is conveniently used on every possible angle. If the POS/PAS is discovered then attack the messenger. Above all control the message boards.
The group clutters the message boards, so no positive information can be readily found. Justification is the Value of the Company in the market. Projections of $0.00 worth and loss projections of 100%
Note: The market manipulator will do everything in his/her power to keep buyers OUT OF THE STOCK. Cut your losses is touted to stimulate fear. You bought higher but now they need you to sell lower.
Stage 6: Pressure
The shorts have taken it too far. The volume is increasing and the price is not effectively dropping. A stalemate occurs. Personal attacks increase. Threats of legal action, SEC involvement, and yes even death threats increase. Increased secret IDs are employed to increase the cluttering, personal attacks and the distortion. So begins a string of lies that run for as long as one's stomach can take it. Desperately playing on the "you have been had" scenario. Any new news will be hit it hard by shorters to kill any interest.
Note: Watch the volume not the share price. A market manipulator will have various brokers buying and selling the stock to give the APPEARANCE of increasing volume but the price goes down. Thus stimulating the story the company is selling or an off shore reg S or other convenient scenario. Watch for large blocks that show up but have a MM special code, cross overs, etc.
Stage 7: The Cover
Without warning the buying pressure is too much and the short begins to cover. Short covering combined with new investors buying into the stock causes the stock to go up. Often the whole thing starts again. Just a vicious cycle sometimes.