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jrg123

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This is market manipulation.

It is an example of pump and dump: a market participant creates a position for the purpose of inducing other participants to join them before selling once the price moves in the direction of their position. What makes it unusual is both the size and time scale of the manipulation.

Typical examples of this are seen in illiquid stocks for a few thousand USD at a time, with time ranges from hours to days.

It is frowned upon by regulators because it increases volatility in the markets that are disconnected from fundamentals.

This guy does not seem like the greatest of prognosticators. He is extremely (wrongly) bullish about metals.

Avino Silver & Gold Mines Providing Investors An Opportunity To Enter At A 50% Discount (https://seekingalpha.com/article/4207912-avino-silver-gold-m...) -- ASM fell from 0.62 at the time to a low of 0.30 just before the pandemic

https://seekingalpha.com/article/4241519-stock-market-recove... https://seekingalpha.com/article/4215321-6-reasons-why-2019-... -- SPY +31% for 2019