MST metal storm limited

buying and selling, page-10

  1. 4,038 Posts.
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    All good questions writer.

    Although counter intuitive my contention that the bots are trading for no net change in their overall holding doesn't necessarily infer that the person / firm behind it doesn't gain from doing so.

    If they manage to create the perception that the price is rising and encourage genuine buyers to buy at 0.009 rather than 0.008 then they have effectively managed to bump up the price by more than 10%. This has already happened so the bots have been sucessful so far. When real buyers then chew through all of the 0.009 stock which is slowly happening then they can try pushing their bot trades through @ 0.01 and thus encouraging real buyers to do the same.

    Its all about changing the perception of potential buyers about the price that they should pay and flagging MST as a stock where the share price is rising and thus attractig more traders to buy thus increasing the momentum.

    When the bots manage to push the stock to where they want them I assume they will sell real stock into the market and take profit. This may take days, weeks or even months. One thing is for sure, the bots are there for a purpose and the sellers at 0.009 are slowly shrinking so I believe we will see MST back to 1c in coming days.
 
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