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SPQ General Chat, page-28

  1. 3,017 Posts.
    lightbulb Created with Sketch. 1506
    I addressed what you're seeing on the buy side..

    "The orderbook is not telling in this stock. Prop orders artificially inflate demand. It's easy when nobody is buying or selling."

    There has been plenty of times in the past couple of weeks where the buy side has been artificially inflated with prop orders (fake orders to stack the orderbook). With barely any volume, it is very easy to do this without fear of being taken out. Ie. I could put a 10m prop buy order at 1c and it wouldn't get sold into - as I could put a fake 40m sell order at 0.012c to create a "wall" without the fear of it being bought into.

    There's no volume.
    Last edited by pierre23: 17/04/24
 
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Mkt cap ! $15.18M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $1.05K 150K

Buyers (Bids)

No. Vol. Price($)
20 11514629 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 4705729 4
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