RZI 0.00% 38.0¢ raiz invest limited

Ann: November 2020 - Key Metrics, page-8

  1. 3,141 Posts.
    lightbulb Created with Sketch. 795
    It's definitely getting interest from the bigger end of town now.... I think some price supression and accumulation is going on right now. Keep an eye on that sell bid at $1.02. I'm 95% sure that is a fake sell.... watch to see if it dissappears once the price ticks up into it.

    A tactic used by accumulators is to put in fake sell bids in the hope geniune sellers will put in their sell at a lower price to ensure the sale - that lower sale is promptly bought by the entity with the fake sell bid.... rinse and repeat until they've got the amount of stock they want.... then they let the mkt run.
    https://hotcopper.com.au/data/attachments/2700/2700905-d5f373324d90babf39b08f88a7fda381.jpg
    Last edited by timbin4: 02/12/20
 
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