"Not sure if you would call this a P & D but you could very well call it a POS..."
okay you made me laugh out loud.
I often forget to go to the yahoo finance section, thanks for the reminder.... but here's an additional question. Whoever played this externally (not insider or MM's) had a really good day if they got out at the top, right? So sometimes a POS or P&D can be played--- or, Vegas, are you explaining that there probably were no external players and this was all 4 show basically.-?
No, usually all of this type of trading is done between themselves... It is like I give you a 1.00, you give me a 1.10 back, I give you a 1.20, you give me 1.30 back, and so on... They jump the stock price and mainly the volume up doing this but their actual dollar cost doesn't change, it is all the same money... You can usually buy shares but surpringly, when you want to sell, their are no buyers... That is because they will only buy amongst themselves...
One of the main reasons I always check the news to see if there was anything to justify a 700% gain... Unless they found the cure for cancer, the answer of course is no... Mina Mar the company mentioned in the news article are true P & D specialist...