"Who else would have the volume to dump this many shares consistently for an ever decreasing price? Does anyone really think a retail investor could hold enough shares to dump this much, and even if they did, do you think they would do it for such a big loss? Nothing fundamental triggered this sell-off."
How about not just 'a retailer', but, a heap of them - orchestrated by a broker or brokers -- scaring the hell out of little holders - putting fear into them to influence them to sell?
To whom? -------- how about a couple of bigger clients?
Just like selling second hand cars - tell em your trade in's are crap - and tell the new buyer it's the best thing since sliced bread ------
in the middle - you get commission ----- the very thing you survive on.
End result -- transfer of wealth in a falling price -- lots of little one's sell - and a big fish or two acquire.
Sound like a plan?
And, no - it would NOT show up in nett buys or sells.
Now, of course I don't know of ANY brokers who would do such a dastardly act - every broker I know is just scrupulously legally and morally correct.
I wrote about this sort of shenanigans way back last year - this is the sort of crap that happens in big runners - solid companies.
If ANY of you take on face value what is said and what you hear from people in these sorts of dealings --------- you are dead mutton.
You MUST read between the lines --- you MUST question everything.
If you think all this stuff will show up in things like nett buys and sells etc. - think again.
There are more tricks in this game than any single person knows - and, if you did know it all - then some bugger invents a new trick next week.
IMO - this last gaming - has NOTHING to do with AJX - NOTHING to do with charting - and, everything to do with game playing ----------- lining of pockets -
whose? Your guess.
In this game - there are things that stink -- take institutional support for instance -
if you want your shareprice to be 4,6 or 8 or 10 bucks -- you NEED institutions - and sometimes you have to give stuff away to get them - and, when you get a SP going through the roof -- it's great - but,
the downside is -- they play games - and, they also get out often - and, the ride down then is the exact opposite of great - indeed, it is complete crap.
That is all the price of the game.
have a great day all
Pinto
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.54K | 154.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1253814 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 115736 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1253814 | 0.010 |
2 | 700000 | 0.009 |
3 | 516044 | 0.008 |
1 | 200000 | 0.007 |
2 | 378000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 115736 | 2 |
0.012 | 475413 | 2 |
0.013 | 240900 | 2 |
0.014 | 134311 | 1 |
0.015 | 1200 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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