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sintrate

48,997 Posts.

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31/07/15

16:14

Post #: 15730909
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Originally posted by nihilism ↑

no idea but just because a broker is buying small parcels doesn't mean it is good news for the stock.

Never good to 'assume' motives, small parcels could be used to buoy the price at a certain level while they sell out everytime a retail seller puts some buys on market at that level (seeing relentless buying).

at the same time, relentless selling could be used to play on the emotions of retail traders and make them sell at brokerage/loss into the same insto's buy.

Trying to trade on other peoples motives is pretty hard.

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I dont recall saying that it was good news ?

All i said was "just saying"

Also the 3mil capper @ 5 cents is a give away.

But whatever.
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