BLY
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0.00% $2.91 boart longyear group ltd

bots on overtime, page-13

  1. Arkie
    2,568 Posts.
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    19/02/09
    16:25
    Post #: 4816404
    Nice close - a few decent bites at 17c.

    I just didn't have the balls for this one today. However, will stick to my plan and consider re-entry next week.

    My guess on the purpose of bot trading are for the following reason:

    1) To manipulate sp up or down
    2) To trigger stop losses
    3) To discretely accumulate
    4) To discretely offload
    5) And most importantly makes great burly to attract the big fish!

    IMHO...DYO
    BLY Price at posting: 13.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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