SLX 2.81% $5.18 silex systems limited

My limited knowledge of bots is that they do not hold large...

  1. PK9
    98 Posts.
    My limited knowledge of bots is that they do not hold large short positions, in spite of the fact they drive the price down. If there is a turn in the market, they simply reverse and run with the trend, then return to what they were doing. They make their money both ways, winning 70% of their trades. I don't think they are going to have any fingers burnt if it goes to $16.00.

    If history tells us anything; the people with the money make the rules to keep the money. You and I cannot trade in the same manner as the bots, but thats called keeping equity in the system I believe.

    My question is, does the $2 million trade at the close of the day signal
    (1) the bot is going to drive the price further down
    (2) the bot is preparing to be a nett buyer
    (3) it means nothing
    (4) the sale it is not connected to a bot

    I am going to take my pills now :)

    PK
 
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