Great post Larry.
I call them cockroaches.
The name BOT is too good for them.
I have been watching them for weeks now trying to find a way to get rid of them.
I have lodged 2 formal complaints with ASIC, spoken with the ASX and had discussions with Comsec.
Unfortunately, neither one of them have done anything about it.
ASIC says that they will investigate, but in the end they've done sweet FA.
We all know that neither ASIC nor ASX will outlaw algorithmic trading.
According to you, that would only leave us one option: buying into 3 buy lines. Is this the only way to beat them?
When you say that it has to be on a huge volume, what volume are you talking about?
We can't just let that vermin take over our company and control the SP. There must be something that us shareholders or the Co itself can do to eradicate them.
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