MCR 0.00% $1.39 mincor resources nl

what is that muppet doing at $0.67?

  1. 71 Posts.
    I don't know what he's trying to achieve but a buyer at $0.67 (whose been there for the whole day and picked up bugger all) has been continually upping his offer as the price has moved away from him. When he as only $0.005 away from the market at 66.5 when the sellers were at 67 he was after about 140k. Now the price is at 68.5 he's after 580k(in one order!) at 67! He has also pulled his order back a couple of times when the market has got close to him

    I don't know if he's a net seller and is trying to flush buyers up with the order but if so its so obvious that you would have to be a mug to be taken in by it.

    Strange, have never seen that before

    thoughts anyone?

    Cheers

    J
 
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