Why did DUKANG DISTILLERS rise up 16%+ suddenly out of the blue?!?
I did a research immediately when i reached home... and found out the details below:
Obviously there is someone out trying to manipulate the Stock [Dukang Distillers]... I observed two important things...
- Numerous 1,000 shares (1 lot) being purchased throughout the early periods [no one in the right mind will keep buying 1 lot at such close periods of time as the commission just doesn't make sense]
- Huge volume of "ASK"/Intent to Purchase of more than $100,000 at stakes indicates interest by rich investors or financial institutions.
What does that mean? It means the "big fishes" are keeping the prices afloat @ half a bid ($0.005 more) and it will generate positive signals ...
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