There will always be "experts" on either side of a debate so I don't care if Michael Lewis does or doesn't agree with me
Just because someone can do something you can't it doesn't mean it's manipulative or bad, it's just a different approach to profiting on short term fluctuations accessible to professionals. It doesn't hold prices back, hence why the price has risen from the cents to the dollars. Little orders literally have the intention of minimising the impact an order has on the market (so the opposite of manipulation) in order to trade the spreads or execute a large order, there is definitely nothing sinister about this genuine trading strategy. I wish I could trade without fees as well but that's just the reality of being a retail investor rather than a large institution
Good News & Bad News, page-30224
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Last
$3.11 |
Change
0.000(0.00%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.18 | $3.08 | $89.18M | 28.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 940080 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.11 | 223576 | 6 |
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| PLS (ASX) Chart |