posted on
Mar 24, 2008 08:33AM
I see this all the time with KRY and was wondering why the exchanges allow it.You get a big pop with large volume then the price is slowly walked down with small trades of 100 or uneven lots like 37 shares.No retail investor is going to buy small amounts like that and pay the commisions and fiqure to make a profit.So you have to fiqure its brokrage houses doing this.Is this not manipulation,and if it is, is it not against the law.Maybe im not understanding how the market works.Anybody care to inlighten me,because i sure get frustrated seeing these 37 share lots usually at the end of the day to drive price down.