If you read my posts this is what makes me angry about the market, LEI is a prime example.
The stock runs nearly 20 percent in 2 days on nearly 8 times the daily volume. A speeding ticket is issue with a "carry on, nothing to see here". An announcement then comes out and your average punter then drives the stock up to $23. The people who bought the stock on the way up then dump their stock and we see the stock down at $21.25 today. In short what you see is a transfer of wealth from the poor to the rich.
The market is not a level playing field.
LEI Price at posting:
$21.26 Sentiment: None Disclosure: Held
