Absolute rubbish. This is just an excuse to reinforce one's own cognitive bias.
Take today's trading stats:
If you consider a bot trade <1000 share parcel, there were only 18/464 trades that resulted in a last price decrease (3.9% of all trades).
This 3.9% of trades totalled only 0.04% of today's total volume.
The trader's bot excuse is as bad the goldbug's cartel excuse.... the only thing it excuses is their ego when they have been wrong.
it's just the beginning for Cirralto!, page-12809
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $6.453K | 655.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 6012211 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1273575 | 5 |
View Market Depth
| Last trade - 14.17pm 02/08/2024 (20 minute delay) ? |
| SPX (ASX) Chart |