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Message: Manipulation Via End-of-the-Day-Selli...

Manipulation Via End-of-the-Day-Selli...

posted on Mar 24, 2009 11:26AM

Posted On: Sunday, August 05, 2007, 10:26:00 PM EST

Manipulation Via End-of-the-Day-Selling Designed to Mark Stock Prices Down

Author: Jim Sinclair

I have already explained to you how the price of precious metal shares is manipulated via after hours, off market, transactions of small to no volume at the extreme price levels of the day. In most cases this is usually done to affect prices on the down side. This type of manipulation totally skews Candle Sticks, and is used to paint other methods of charting. Sometimes the transaction may be significantly below the low price made for the day. As a result, computer systems report the close of trading significantly below the bottom of the day’s trading range. In addition to skewing Candle Sticks, it paints other methods of charting to the benefit of the illegal short seller.

There is another method of manipulation used by the illegal shorts which is an "End of day mark down." This occurs when traders sell viscously into the marketplace in small volumes in the last few minutes of trading. This is common on both paper gold as well as gold shares.

Computer platforms show you the bids and offers that are in the marketplace along with volume and price. This Friday, a situation was trading near its high of the day on the Amex and TSX when within the last 90 seconds a seller entered the marketplace by simply hitting all the bids down below the range of the day. That type of manipulative act can succeed because how many investors are glued to their screens in the last 90 seconds of a day or could type and enter fast enough to get a buy order in? This is clearly manipulation when it forms a pattern. All trades have paper trails so at discovery in a civil law suit, who was doing what - both in gold and gold shares - is totally apparent and knowable.

This illegal shorting can be identified in the same manner as the off market after trading hours by small volume strategy. Review the volume at price and time of sales using a one day 1 minute chart, line and bar, and volume at price chart for the same day. The misdeed screams off the page and shows that the situation is being manipulated by a penny anti would be manipulator and in the direction the penny anti manipulator wants.

When both tactics are utilized but on low volume, it says the manipulators are frantic to transmit fear into stockholders in order to profit.

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