Been accumulating down here today. I know these "Cap and accumulate tricks" seen them in a hundred stocks....and in this stock early last week.
Capper comes in ....blocks upward movement, doesnt care about manipulating the market price down to his buy price. Because He is on both sides.....Spread widens....T+2 traders get scared, and dump their stock like sheep at lower bids on low liquidity to the guy that caps it.....because he is buying at 27.5 and 28c and 28.5c....
Capper gets his fill, then removes his 30-32c cap, stock bounces hard back to highs....
Took 630,000 shares to move it from 30c to 27.5c but may take only 100,000 to get it back to 30c....why.... its called capping tricks.
Willing to bet the guy capping at 30c-33c is gone shortly. The register just got tighter....And if he tried T+2 shorting to help as he hit the bid all day. He has 200,000 shares or so buy back with only 100,ooo to get it back to 30c....
Just IMHO.
GG
- Forums
- ASX - By Stock
- BOD
- 50c is coming.....
50c is coming....., page-3
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOD (ASX) to my watchlist
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.256M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
BOD (ASX) Chart |
Day chart unavailable