GLN 0.00% 12.0¢ galan lithium limited

General Discussion Banter GLN, page-5648

  1. 5,322 Posts.
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    Hey nodgy.

    Strongly suggest you go back over@8horse posts the last week, and if you care to mine as well : ))

    - objective is simply to paint a false "first impression" on the sell side, therefore off putting to both prospective buyers and current holders

    - if those large fake sell orders weren't showing ,the total sell side would appear much smaller giving a true picture of the supply/demand for the stock

    - most retail punters don't look at a stock depth which is where these fake sells are placed out of site

    - I've also observed they're ( the latter ) often placed just prior to a dump, clearly applying additional negative psychology to obtain more stock from any skitterish retail investors as cheaply as poz

    - @8horse explains it more clearly

    Cheers p17
 
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