MEO 0.00% 0.0¢ meo australia limited

low in sp is weird, page-33

  1. 132 Posts.
    YA,

    Fist of all thanks for your insightful, knowlegable contributions...great stuff for a non-geo. Those few 'dodgy' trades you refer to were probalbly just the remnants of a few previous trades and only a matter of a bit of tidying up. By the way, apparently large instos dont pay fees on trades so if they are or wish ot activate the bots it doesn't cost a brass razoo to them. Someone correct me if I'm mistaken.
    The trades over the last 4 days, at least, all look too tidy and orders with sell/buy that appeared to be strangely constant in quantities and unusual in their repitition. Whenever there appeared to be an upward pressure the bots put down their coffee and jumped on it. Someone definately sees value in MEO and will one day profit well for their cyber efforts IMHO.
    This bot action occured very predictably and hence IMO scared off potential buyers but did bring out the nervous sellers. As I understand it, Bots are software configured to intercept the 'market' trend before the humans can say "Golly, should I sell now?"
    Just my opinion and please correct me if the above is not correct. I'm always open to learning. Now back to my sons homework :).
 
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