roy said:
"..another thought...
...these $17 trades could be the start of bot trading which would be very interesting for a company the size of Mil Resources because with positive news out the bot trading accumulation wby institutions will have only one way to go from here and thats up and computer trading only goes wth momentum....
..interesting thought...have seen this on a number of small cap companies that quickly turned into medium cap explorers..."
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roy, bots are just used by brokers- not necessarily insto's. It might be that some retiree has asked a broker to "buy me something cheap" and that is all they know about the market. Brokers have these machines on most shares. The other use of bots is for shares that are highly illiquid. A share might barely have a trade, but when it goes ex-dividend, a bot can remove the dividend if people are not going to.
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