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($) | Vol. | No. |
---|---|---|
6.8¢ | 69073 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 98779 | 0.067 |
2 | 25000 | 0.066 |
7 | 704826 | 0.065 |
2 | 25600 | 0.064 |
1 | 40000 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 69073 | 1 |
0.070 | 824165 | 2 |
0.072 | 483314 | 2 |
0.073 | 505717 | 2 |
0.074 | 418190 | 4 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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