Thanks jocam - appreciate your input :)
I'm not worried about the fundamentals, and I hold a fair sized parcel of PSA, but it does seem a little odd dribbling parcels of 100 shares. It would have to be someone sitting in front of a realtime screen, like you and I are doing now, to be following the top sell column price like they are. Why not larger parcels - most of the other parcels are larger?
I've just called the ASX (my suspicious nature I guess) and they are passing it onto their surveillance unit to check out. The person I spoke to looked at the day's trades so far, and also thought it very odd and said so.
Maybe I'm just too suspicious, but it is certainly very odd for someone to have access to realtime trading software and be playing about with 100-share parcels like that. It is obviously NOT leftovers from crossing trades or partials, as the 100-share parcels wouldn't keep re-appearing in the top of the Sell column as they are. It has to be somebody actively doing it.
Will be interesting to see if the ASX find anything unusual.
- Forums
- ASX - By Stock
- PSA
- very strange - manipulation?
very strange - manipulation?, page-4
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)