Yesterday I watched with interest as the price of LNG continued to rise. What I was hoping to discover is the reasons, and legality, of selling one share. I looked at the course of sales and several times when there were a few trades at one price, then there would be a sale of 1 unit for $0.01 higher than the previous price, then a few more large trades then another trade of 1 unit up another cent. It looked like someone was really manipulating the price up, without having to buy large amounts of stock to get the price up.
My reasoning for this was that someone who held a lot of stock they had bought at a low price was now pushing the price up with these single unit sales, then when the price was high, they could sell more of their stock at the higher price.
Is this feasible or am I totally off track? Is this legal and how is it possible when I thought there were minimum trade sizes or vlaues in place?