Aug. 21 at 3:52 PM
$HIMX Very much manipulated although not positive if this is some entities, the Market Makers or perhaps both.
I put in limit or for 15,000 shares at the bid and the bid immediately moved up telling me someone was PROBABLY trying to sell to themselves or a cohort. I moved up my bid twice more to match the bid and the bid immediately moved up again. I chased the bid all the way positive.
I also noticed that option prices were not moving as they should with the price lower when one would expect call prices to move lower and Put prices to move higher but that is not what I was seeing with the birds and asks. That is partly why I wanted more shares now as I suspect that, with option games over today for the month, that HIMX will move higher next week.
And, I was also going to take advantage of the higher call prices by buying shares cheaper and making some good cash selling Sept covered calls.
Yes, HIMX is very much manipulated. If I were a community organizer, I’d coordinate bids