By Yasmine Yahya
Small, cheap stocks, some costing as little as one or two cents apiece, have been driving up market volumes to astonishing heights in recent weeks, yet nobody seems to know who is trading these 'ultra pennies'.
Remisiers and analysts hint that it could be the work of 'trading syndicates' - groups of full-time stock market traders who work together to amass large amounts of certain ...
... I read with interest the article in the Sunday Times - the Shady Side of Penny Stock rallies which focussed on my earlier Blog posting - "what will bring the penny stock rally to an end". In fact Yasmine had called me on Friday afternoon for a quote and I shared some of my views with her. Her article is reproduced below for those who werent able to read the Sunday Times or who didnt read it for ease of reference.