(For the umpteenth time, I wrote Karen Winkler at AUMN about the market maker's incessant "downtick on close" at 4pm. Here is my note:)
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Karen,
Today, with silver +.08, AUMN traded at .332 at 15:58:25 before closing (once again) at .3061 at 16:00:00.
I hold AUMN management responsible for ignoring the blatant manipulation of this stock after I have repeatedly pointed out the infractions. Yet, management continues to ignore this near-daily occurrence and do nothing about it.
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The problem this causes is that it kills any upside momentum that would generate new demand for the stock. If you agree, please contact the company.
Silverbull