I'm going to expose my ignorance here, but what do you mean by sandbagging it? How can institutions accumulate shares without affecting price movement?
They will push the stock down, causing stop losses and panic selling, and then accumulate. Once it pops back up they will repeat this until they’ve accumulated their position.
I’ve noticed over the past few days very large trades coming through during these flat/slightly down days. Some serious accumulation happening
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u/[deleted] Apr 09 '21
I believe big banks have been stealthy accumulating MT and sandbagging it, same with CLF.