RRS 0.00% 0.1¢ range resources limited

manipulation at its best

  1. 2,976 Posts.
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    I'm hoping everyone else saw what I saw this morning.

    A buy order for 100000 enters the market at 18.5c at 10:15am. When no one sells into it, it moves to 19c. The next seller was sitting at 19.5c. Someone then bought up at 19.5c. The 100k buyer then moves up to 20c, then 20.5c.

    During this two hour observation the order disappeared on no less than 10 occassions. Everytime it disappeared a 100k sell order would come in.

    Then all of a sudden 2 100k sell orders came in at 20.5c and 21c. They were scoffed up.

    I spent 6 hours observing the price. It was as clear as daylight that the shares that were sold today were not infact sold. They were just transferred from one holder to another. By doing this the smaller holders got scared and sold out.
 
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