
OneSeason says “You’re Number 1″ to market manipulators!
The OneSeason Nation has been asking for changes to the Trade Order Tab for quite some time. If you haven’t checked a trade order tab for any particular player yet. Go do it now. You’ll notice that it’s changed significantly. The biggest change, that isn’t noticeable right away, is that the trade orders are no longer listed by time input, but rather price. This goes a LONG way in improving the market. Prior to this change, we had observed many market manipulation techniques. OneSeason took care of the split manipulation. Now, they have taken away another, lesser known, technique. This technique involved people putting up HUGE blocks of shares, while the market was closed. For example, Jordan is currently trading for $2.00. The manipulator would wait until the market closed, and usually about 15 minutes before the market opens the next day, he makes a trade order of 1000 shares SELL for $1.00 (or some other amount significantly lower than $2.00). The idea (which has worked in many cases) is to lure the undercutters (or panic sellers) to drop their price below the 1000 shares for $1.00. Undercutters (or people begin to panic) start selling for .99, .98, .97 cents, and 10 seconds before the market opens, manipulator pulls his sell order at the last second, and comes in and scoops up the cheap shares. Now, all of the trade orders are sorted by price, rather than time input, so when Dirtbag Donny comes through with his 1000 block order of Jordan for $1.00 (that he has NO intention of selling for, he is just going to cancel the order a minute before the market opens)….it will be right at the top of the page, and won’t move down the list as more trades are ordered. When the market opens, Donny’s trade order will magically dissappear (he cancels it), making it easier for everyone to see.
This latest move by OneSeason is a STRONG improvement in strengthening the market, and helping ensure there won’t be wild, uncalled for, swings and price rises or drops on any SOI. Kudos to OneSeason for the continued improvements.