In my own critical opinion, I think it's a confidence scam. I'm feeling like it's just like the real estate bubble.

Scenario with stocks. Buy a bunch of a stock that has a fair rating. Market sees activity, price due to buy climbs, more buyers jump in on a rising stock, then original buyer seeing the increase bails in short order and takes his gain. Cycle, 5-7 days growth, then whoops, 3 digit drawback due to the profit chasers sell offs.

I just really do not think we are seeing true value or volume gains.