I don't think that's what the author meant. I got from the article that they're pushing the price up artificially, so that they can then push it down later, which would be a bear market.
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I don't think that's what the author meant. I got from the article that they're pushing the price up artificially, so that they can then push it down later, which would be a bear market.
why would they want to push it down later?
Manipulators make money on both sides of the markets they're manipulating.
See Aaron Russo's movie "Trading Places" for a humorous take on this reality, starring Eddie Murphy, Dan Aykroyd, and Jamie Lee Curtis: http://www.imdb.com/title/tt0086465/
Oh, cool, Thanks for the recommendation. I like movies like that!
You're welcome, enjoy!