I am 100% certain that MAK is and has been manipulated by a Stockbroking house.
I am normally very hestitant to make these statements .............however i have been watching the '' depth detail '' for most of today and it is pretty clear.
There are these stange quantities that '' suddendly appear '' 2 cents above the bid price on the offer side if the price starts moving up too quickly.................for example at about 3.55pm they tried to push the price down by putting in a quantity of 49293 at 1.54..............as soon as they were in danger of being hit..............they moved it up to 1.57.............this has been happening the whole day.
The reason why the price jumped so much between 1.00pm and 2.00pm ....................the broker who is maipulating this stock was on lunch.
Anyway.................this stock looks incredibly strong and it is impossible to day trade it.................this is a stock that u buy and hold IMHO.
Cheers
stock manipulation
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $29.74M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $19.80K | 1.774M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1796544 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1000000 | 1 |
View Market Depth
| Last trade - 15.01pm 06/09/2024 (20 minute delay) ? |
| AEV (ASX) Chart |