Out of range price swings -- what's going on?

Discussion in 'Trading' started by Cruzan, Apr 2, 2007.

  1. Cruzan


    On the third to last candle:

    I see this happen all the time and from my naive raw newbie perspective all I can figure is there's a guy with at least two accounts trying to tank the stock by putting up a very low bid with one acct and immediately accepting it with the other, all in a crude and ultimately fruitless attempt at stock manipulation -- except that it might also result in a few low stop orders kicking in. That part I'm not sure about nor whether that's in fact the ultimate goal. Anyone know what's going on?
  2. TGregg


    Bad data.