Australia's largest stock trading and investment forum Australia's #1 stock forum

NUH

Click for more information

0.00%

8.1¢ nuheara limited

Best Buy for IQbuds, page-28

First 28 Last

Share
Profile

Follow
PokerMoe

13,925 Posts.

408

23/02/17

08:10

Post #: 22830392
Share

Originally posted by Idle Wanderer ↑

The 'one at a time' trader is actually a buyer. Sells a trivial amount of shares under the market price, which makes the unwary sellers think they will be lucky to sell at 10.5 or 11.0. The same party then accumulates large quantities of those shares on sale for 10.5 or 11 or 11.5, i.e. below fair value.
Eventually, when enough bought, the buyer will change the game plan and stop pushing downwards and start pushing upwards. No point accumulating all those shares if you can't sell at a profit, eh?
All you guys waiting to buy at 10.0, this party knows you're there and thanks you for your support.
[I've watched this and similar happen before on the mining boards].
Welcome to the wonderful regulated world of the ASX.

Expand

Thanks so much for that explanation.

Do you think that it's fair to say it's a signal that the expectation is that the SP will go up.

And what type of individual is this, trader, institutional, holder?

Thanks again!

NUH Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nine's staff strike as Paris Olympic coverage begins

There are more pages in this discussion • 339 more messages in this thread...

First 28 Last

Add NUH (ASX) to my watchlist