XJO 0.34% 7,796.0 s&p/asx 200

redbacka's simple moving average monday, page-51

  1. 6,485 Posts.
    Hi All, A little annoyed about a market happening. Hoping someone knowledgeable could tell me why it's allowed. On one of my holdings BNO at the close auction, a low buy order for 7 shares comes up. Because of the current market, BNO buyers aren't biting and so purely because of that 7 share order we dropped a whopping 6.5% in the close. How can that be allowed. I know the market is manipulation but that is blatant. Why as retail investors do we not have the same ability to place dodgy little trades just to move the price up and down.

    Thankfully a couple of my others closed okay otherwise I'd be punching something right now.

    I've got to find another hobby. What's trainspotting like :-)
 
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