I wouldn't be surprised to se a large Xtrade at current levels in the next day or 2.
Today we witnessed reverse manipulation...that is, the price was run down by the one person selling into the buyers every time it appeared a run might start.
This often happens when a broker has a large order sitting on his desk, just waiting for a set price to be reached. Somehow he has to get the price up/down to meet this target before he can execute the sale and collect his commission!
Usually, after the trade goes through, the stock is allowed to run.
It happens all the time!
Cheers!
- Forums
- ASX - By Stock
- SLT
- could be worth a trade!
could be worth a trade!, page-3
-
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)