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The idea sounds riveting, doesn't it? The principal problem is you'd need a host of people to keep their mouths shut, and that's not going to happen. That said, automated algorithmic trading does exist and can have a significant impact on market prices.
This was first apparent on Monday, Oct 17, 1987, when the market crashed by over 22%. The crash, known as Black Monday, was attributed to automated trading amplifying panic trading. One change implemented after Black Monday was the introduction of circuit breakers in trading. If the market, or even individual stocks, gain or lose too much value those individual stocks, or the entire market, are halted.
The net is, what you're describing exists in a way, but it's not covertly done by some nefarious organization.
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Dixie
Bradenton, FL
2013 Camaro ZL1
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