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28/11/17
19:46
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Originally posted by demoniaco
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I agree that it's possible to use fake orders to tree shake, as there's no buy side since everyone's buying on market instead of queuing up. That way when a sell does occur they can soak up shares cheaper by reloading $5,000 orders or something to that effect.
So yeah fake orders can be used in a variety of ways. My interpretation was someone was trying to exit at the best possible price because I didn't think the news was even worth the price moving. I assume this will be a pump and dump scenario where hype is built and the heavy holders will exit when they think its hit its peak.
I honestly kind find any genuine value in the FFG announcement to justify such an increase in the market cap.
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What about the announcements from DCC? Do you see value in them? From 3c in June to 27c today. People were saying similar things about the DCC announcements.
Truth is the sector is just way too hot. Have a re read imo. I reckon teens will be easily achieved with FFG.