timothysykes
timothysykes Jul 02, 15 1:30 PM

...or the promoters simply protected it since they're not done selling their shares :)

Proptrader101
Proptrader101 Jul 02, 15 1:46 PM

They are the ones who had the Buy limit orders so they could squeeze you out. You're right they didn't want it to get out of control so they had to support price as they probably want to see the rest of their shares at higher prices

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