Games afoot? - yes, if that's the same as stupidity.
The same sort of thing existed for some time today, with
IVZ -
where 12 500,000 buy orders for $500 each, were placed all @ 0.001, now "purged" at 4pm, plus 1 order for 500,000 @ .02, which is still there.
Another example of this stupidity is shown per the Market Depth -
for the tightly-held (60% by Top20)
LRDO -
where there have been 3 orders totalling 11m at the bottom of the BUY heap - all day! & still.
These buyers IMO are probably trying to fool everyone who innocently believes! - without checking! -
that the stats totals - at the bottom of the Market Depth BUY side i.e. for total numbers of buyers & number of shares sought - are all genuine .
i.e. this happens a lot - from my observations - at these ridiculously low & "too far from market" SP's - for micro-Cap miners & oilers.
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- ASX - Day Trading
- Afternoon trading November 23
Games afoot? - yes, if that's the same as stupidity. The same...
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Dani Nadri, Country Manager Australia
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