$NIO Inc (NIO.US)$ why does it always go down right before m...
$NIO Inc (NIO.US)$ why does it always go down right before market open?
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AJ1977 : Just trying to force more panic sellers to sell off
104631563 : Here is the answer:
1) Buy in a group to PUMP it up
2) Attract others to buy
3) The Group will wxit by selling when they see more buyers buying
4) The Group buy again to show continous demand on the stock
5) The Group exit and sell when the amount of follower increasing
6) Do it mutiple times when reach target price and then sell everything and exit the game of Pump.
Other International Fund will be holding the paper. The fund will go to China
104631563 : It is a smart way to pump without using own money, but other people money. Everyone holding paper, the group holding cash and profit after sold