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  1. 2,223 Posts.
    It was a similar thing last Friday though not quite as dramatic.
    They belt it down all day then come in at the close with a price just high enough to feed on all the silly buggers that got sucked in and let it go for a song.

    I'd say that at least 90% of the trades today (and the last few weeks) have been bot trades.

    From my observation until AXM starts to trade in big volumes they can do what they like with the SP.

    There is not enough people watching this stock so the bots can sacrifice a few handful of shares (sometimes just one or two) to bring the SP down until it hits sell markers then jump in and buy.

    Wish I had the money to run with them.

    Like you I hope that late buyer was a REAL investor and be good to see a few more like him in the coming days!
 
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