BAP - A Pump and DumpThis price move up on BAP on February 17, 2016 during the 11:00AM- 12:00PM EST trading hour is completely ridiculous and unjustified. Technically, this stock hasn't added up for many sessions, and has all the markings of a HUGE haircut being set up for dumb market participants. (Called a PUMP AND DUMP back in the day...)
I have taken a short position for truthful disclosure, and anticipate a drop to $86 before I'll be reassessing this absurdly jizzed stock to take profit and close the trade. Good luck! Buyer beware.
Publishing this idea at 11:22 AM EST.
