PAB 0.00% 0.7¢ patrys limited

$5.5m raised from rights issue, page-46

  1. 5,003 Posts.
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    It is the game of the three shells or in this crook market, 5 to 50 shells..... Whereby the actual genuine order is under only one of shells…. the brokers automatic trading bot places and pulls thousands of orders over and over again all day long for weeks to give the impression the stock is receiving bonafide bids and offers. However if you watch, for every 10 bids or offers placed and pulled, only 1 gets executed for a small parcel of shares for a few dollars (depending on the crooks setting of the computer program). Retail genuine market participants see this action and are tricked in to selling or buying themselves on the premise of false demand.

    It is about as crooked and manipulated as it gets where the game is to shuffle the deck cards (or shells) so fast on market and so fake your ability as a retail shareholder to make a sound decision is diminished to nothing more than a pokies machine pull of the handle or press of the button.

    If you watch these programmed bots in action in a pump and dump, they leap forward pumping the price even so much as to aggressively and illogically jump over price points to get the higher price point to entice punters and more market participation (i.e., suck them in), but when the algorithm goes in to dump mode, there are dozens of bids placed just under the current price point that give the perception of demand and support to the human, but as the price moves down, the dozens of bids also rotate and roll down. PABs even doing this now….

    Occasionally the algorithm pumps up a pip or two while in dump mode to build buyer demmand (suck in more punters) and reward existing punters so they keep playing. In psychology it is called classical conditioning or similar to what you see playing pokies machines with small wins now and then so you keep playing and lose more money over the longer term. Casinos do the same by giving free drinks at the table and other perks. It works on the theory that if you always lose, you would get bored or fed up losing and stop playing so they give you a "hit" now and then to trigger pleasure in your brain so you remain addicted. In lotto this is prize divisions 3 to 5.

    Having successfully sucked in the retail investor with the scam, the retail investor finds themselves in the red wondering what the heck happened, and the scammer has unloaded to the victim at an averaged higher price than was bought making off like a bandit. Leaving the poor honest human investor or trader thinking the market bids and demand was bonafide all along and they were just “unlucky”; IMO

    The End.
 
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15 5382389 0.6¢
 

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0.7¢ 2352699 1
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Last trade - 16.12pm 02/08/2024 (20 minute delay) ?
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