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RE: RE: What We Can Learn From The HBD Pump

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@taskmaster4450le
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1 min read

Simple. They have a closed exchange off limits to non Koreans. There is a lot of HBD on the exchange. Someone (or a group) start to pump the price up and gets the activity going. They can do this by wash trading among themselves. When the price shoots up, they sell their holdings at $2 or whatever, and pocket the difference.

By the time the price topped and headed back down, I am sure the pumpers were long out of the trade.

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