What a MONSTER pump!
Pushed by a massive 80.19 points or by +1.06%, the Phisix ended the trading session up by .79%! April 26’s pump could be among the top 5 biggest since 2014!
That 1.06% pump revealed that the Phisix was down by .28% at the close of the regular session which it reversed by magic!
What cannot be accomplished in the regular session had to be executed at the close.
You see, no matter how they tried to spur a rally, the Phisix spent the whole day on the downside. By “they”, I mean the price fixers.
Buying volume had not been enough to offset the sellers, so the headline index drifted marginally down throughout.
It takes a lot of chutzpah and money to accomplish these. But the price fixers certainly made use of the weak volume to strike.
And because to move the index by such magnitude would require several market cap heavyweight, the pump had to be coordinated.
They pushed at least 10 issues led by AC, JGS, AEV, and ICT.
The 100% share (of pumps to end of the day return) at the rightmost showed how negative magically transformed to positive.
The engineered pump covered all key indices.
The execution reeked of sheer brazenness. Uncanny similarities in the sequence of bids from the same set of brokers appeared in many of the above issues.
Perhaps the bids on different issues came from a single buyer. However, the trade orders were distributed to different brokers for the consummation. Or, the cabal, which comprised of tightly knit members, may have transacted orders on these issues synchronously
There is no stock market in the world I know of that closes the sessions with grotesque "tails" except the Philippines
And with countless numbers of highly paid practitioners in the establishment, none seem to be aware of the consequences of the deformation of the pricing system
For as long as it benefits them momentarily, it doesn’t matter.
With vice and iniquity seen as a virtue, a Sodom and Gomorrah market this makes.
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