TGS tiger resources limited

Guessing the 2017 guidance, page-32

  1. 2,468 Posts.
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    The market is anything but real hahaha...

    About a year ago, i put an order in to buy tgs with $15,000 in pre-close auction. I forgot at what price, id have to go and have a look.

    Anyway, i remember i pushed the price up by 2c (by myself). the company jumped something like 5% and it closed.

    On a market cap of say $80milion dollars (again i dont remember the exact amount) a 5% increase is $4milion.

    So you are telling me that my $15,000 order in an efficient market pushed the company to go up by 4mil in market cap.... thats nothing short of a joke.

    In other words, my $15,000 trade, made the value of all shares jump 4mil... Did i know something? Am i a big player? No.... the market is very inefficient.

    Try doing that with a big company.. you will get laughed at..
    Last edited by Nikec: 20/01/17
 
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