who's still hold the "baby", page-28

re: being set up for a major run... What about this scenario...

Word has reached certain circles that TOX is likely to make a major move in the near term...could be the result of a broker report, inside info, or even a forthcomming 'rr' recommendation.

The reason doesn't matter.

These people want more shares and they want them now, but time is too short to keep slowly accumulating...what to do...buy up big, pushing the price up in the meantime, or generate a sell-off and get more for less?

The latter is surprisingly easy to do...it might go something like this...

Just takes a few people working together as a "group", or even one person with several accounts and 2 key conditions...

Firstly they need a day when the market appears somewhat indecisive, or is waiting on news...perhaps during a period of consolidation...and is therefore vulnerable to any sudden price moves.

Secondly, they need the majority of orders in the queue to be their own...this too is relatively easy...I can remember several occassions when my own orders have made up more than half the depth for several levels.

The rest is pretty simple.

Once the above conditions are in place, at an agreed moment, the "group" sell into their own orders, quickly knocking the price down as far as possible before any buying support can form...LOL...given they were mainly selling to themsleves, it can take surprisingly few shares (net) to move a stock quite considerably.

Once this has happened, a typically stunned market then feels the urge to sell, either through fear of what might be going on, or simply due to stop loss triggers.

The group then slowly lap up as many shares from these people as possible, all the while taking care not to run the price too far up until they have their fill.

Happens far too often unfortunately...beats me why the ASX can't simply check out who starts these things and why?

Cheers!