ALC 5.08% 5.6¢ alcidion group limited

Ann: Alcidion FY20 Half Year Report and Appendix 4D, page-23

  1. 4,845 Posts.
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    Be sick of it all you want.

    Would you still be around if this got pushed down like last time? Go back on these threads, not many of us are still around from back then.

    We have seen capping, instos buying the same number of shares as they sell over months of reporting (at a loss), short selling quantities matching perfectly to the number of shares being used to push the price down a pip, orders placed and pulled moving from the buy side to sell side, stop loss hunting (worked a bit today btw), bots, etc etc.

    And it has been happening here and on other shares in the same sector that have mimicked our share price moves quite closely... Funny that.

    People are fooling themselves if they think it is just some insto selling out. Sorry, but this is not how instos sell, it is how they manipulate.

    People want to buy at the lowest price they can. Pretty easy to get people to hold back buying using these tactics.

    The real question is why. Why are they bothering? Imo the action could be because of a potential acquisition that includes shares in the deal (happened last time with similar price action surrounding it), or it could just be that someone wants cheap shares before news drops. NSW Health and NHS not likely till March and June imo = time for a shake out? I hope they get caught out.

    The sell-off across the board is due to factors that have little to do with Alcidion. But it sure presents a good opportunity to move the share price with less chance of resistance.

    Weak hands are often due to people not seeing what is really happening, just panicking on a share price drop. This is usually the result of poorly positioned stop losses... targeted by institutions that taught these types of holders exactly where to position them!

    On most threads some of these people often become HC's finest downrampers in the hope of a lower re-entry. Mind you they also become useful in pushing the price up again when the instos are good and ready. Poor things so often suffer from fear down AND fomo up.

    Personally I also post on HC just to see who likes what. Very telling. It would be crazy to think the instos dont read and post among us here. So if your sick of it, use the ignore feature.
    Last edited by Subs: 24/02/20
 
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