NOR 2.70% 3.8¢ norwood systems limited

Ann: Quarterly Update and Appendix 4C-NOR.AX, page-58

  1. 3,192 Posts.
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    Pip trading with Nor low volume is impossible...
    Every day it opens higher, closes on the low, thanks to the bot.. so you would think "buy on the close, sell on the open".. except it doesn't work like that.
    The bot (whether it continually accumulates, or offloads with the .1 profit itself) always rigs both sides, so it buys and sells to itself, allowing itself to jump the buy queue and buy .1 lower.
    Us in the 2.1 queue are only given exactly 1 share a day! (might take a while to get through the millions listed).
    Everyone else can NOT buy at 2.1.. only 2.2.. so the chance to make .1 is generally not there.
    The manipulators keep stacking the sell side, like they did again today, to push the price back to close on the low again, and they clean up whatever amount is listed on close at 2.1 or lower.
    The only way to beat it, is to list a buy at 2.2 or higher, and use it to score some 2.1..
    Not simple either, because the bot lobs the first 2.2 buy in, as well as their own sells at 1.9/2.0 etc.. but you can't put your buy at 2.3, because then they turn it the other way, amend their sells so that you PAY 2.2 or 2.3 to them!
    The only way the rest of us can use the bot is to put smaller orders in at say 2.2 on close.. as soon as it's a bigger order, they either automatically pull the orders like earlier in the week when it closed on 2.3, or they turn it around so you pay .1 higher - TO THEM!.

    There is no way to profit on Nor pip trading (within T+2) unless you get lucky and a big buyer steps in with an unexpected line wipe before you need to sell.. or NOR actually announces something good!
    The bots are flawless.. they work to the exact second of close. I've tried beating them several times by amending a sell order right on close, and it worked once only.. must've timed it to the second.. otherwise, there's no beating it!
    It should be illegal, nothing but corruption that rorts every holder.
    Last edited by Holla: 02/11/16
 
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3.9¢ 188835 1
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