ESG 0.00% 86.5¢ eastern star gas limited

a point of interets on "bot" trading.

  1. alh
    1,493 Posts.
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    For those of you who have constantly pointed out the actions of "Bot's" holding down share prices. I had a few wines yesterday afternoon with a director of a very well known company that has been in the news a lot and has been achieving excellent results. He informed me that their company put together an 85 PAGE REPORT pointing out to the ASX in detail the activities of the Bot traders on their company and the subsequent results in their dropping share price. And what do you think they got back from the ASX, NOTHING, ZIP, not a sign of a response, as he said,"The ASX make money out of every trade" He said that these traders are trading outside the parameters set for what this trading model is designed for. So guys I dont think we are going to see an end to 'Bot" trading in a hurry, maybe if we get smart we can all make money from their activities, lets use ESG as an example, what a buying opportunity it was in the 70's,
    ALH.
 
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