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I trade this market professionally, and it is quite easy to massively elevate your stock price if you control most of the floating shares. These sorts of price
by ryporter 10y ago
I trade this market professionally, and it is quite easy to massively elevate your stock price if you control most of the floating shares. These sorts of price run-ups happen very regularly, but, to their credit, the SEC normally stops them before they get this far. They are typically able to halt trading by the time it's worth a billion dollars, two tops. :/