PTN 1.45% 6.8¢ patronus resources limited

Ann: Drilling in Full Swing at the High Grade Lewis Discovery, page-76

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  1. 9,821 Posts.
    lightbulb Created with Sketch. 3497
    its verra verra simple

    the bot trades get executed on a brokerage of roughly 20c on average - wheras we retail suckers get charged $25-30 per trade

    so the bots force price down or up because humans cant execute for same price - so we have to buy then hold to get value in our trade. bots dont

    in a situation like now with KIN - where humans are waiting on drill results - bots have pretty much free reign until there is news or something material happens to gold price

    so what youll typically see on such a strong chart it the bots will drive price down on low volume to try and milk out weak holders who think price means 'there;s something i dont know'

    costs them nothign to do it - and because this is still such a tiny market cap stock there isnt any beta buying - ie funds arent buying KIN as part of gold etf etc
 
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Last
6.8¢
Change
-0.001(1.45%)
Mkt cap ! $111.3M
Open High Low Value Volume
7.0¢ 7.0¢ 6.7¢ $80.88K 1.184M

Buyers (Bids)

No. Vol. Price($)
2 98779 6.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.8¢ 69073 1
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
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