Yes, everyone selectively ignores this. We did not start lagging until $123ish......as soon as we lagged we bounced ridiculously ($25 under a minute). The natural sell-off that occurred down to 120 (lagged at 123) was somehow manipulation......but the utterly bizarre price movements that began after the lag were not manipulation??
I think the pump has been prepared carefully by the manipulator(s) in the last two days.
Due to Gox limits and the selloffs of two weeks ago most people had fiat left in their accounts so they have jumped in.
I think the price movements after the dump are caused by HFT bots going nuts while trying to seize the opportunity for cheap coins - either that or a fake dead cat bounce was also orchestrated by the manipulator(s) in order to execute the second tree-shake.
I have seen such pattern a number of times now. This kind of manipulation always consists of two tree shakes in a row. The second one has a smaller magnitude because both bots and people adapt their predictions. A third one generally does not happen as it would yield low profit and high risk for the manipulator.
I wrote something similar (well, less elaborate) in another thread, so I'm not completely unconvinced by your idea, but what bothers me: why go through so much effort when (as a big inverstor) you could have bought all the coins you ever wanted during the sub-100 time frame 2 weeks ago? Why shake the tree violently when all you needed to do was pick up all the low hanging fruit you could have ever wanted peacefully?