AVZ 0.00% 78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-3309

  1. 500 Posts.
    lightbulb Created with Sketch. 62
    Basically, someone who has lots of shares (usully institutions) put lots of their shares in at a price. (in this case 25c) for a number of reasons.
    A. Psychological- people see it and go omg everyone is selling, and dump theirs too. Whic
    can allow the capper's friends to scoop them up
    B. If there are heaps of shares at 25c that means people will have to buy all the shares at 25c before the SP can go up- effectively capping the price
    C. As a ploy- frequently pre open cappers will stack at a price and them pull the order before open, which links back to A and B

    It's heaps more complicated than that though, but it' s early in the morning and my brain isn' fully going yet
    Last edited by marko702: 01/11/17
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.