I am not familiar enough with the market in small caps - but is this even plausible/a common strategy proven to be used? As in brick up a large sell order to scare people from buying in? Surely it would back fire and a stock in demand would see someone happily grab the liquidity? Unless buyers didn't see value at that 4c price? Otherwise I would have thought one couldn't cap so easily? WIth a larger stock I can understand with liquidity they would force others who want to sell to line up before them i.e. at a lower price, therefore potentially lowering price if they want to accumulate? Just haven't seen in practically done/explainedas to how they will com eout on top if someone touches their capping parcel on the sell side.
RDG Price at posting:
3.6¢ Sentiment: None Disclosure: Not Held
