Not wishing to be naive, but can someone explain why IMH were marked down (as a major loser today)at start of play by 13% when there were seemingly no trades at all until late this afternoon , which itself is probably a trade buy ???
Is it just marked down at market open by MMs to attract buyers or is price
manipulated previous evening by MM concensus ??? especially as my impression is that IMH are still a pretty successful advisor/broker.
sorry if this is a stupid question.