I was asked to join a company a while ago willious that did algorithm tradeing ( bots ) and went to have a look what it was all about. It scared me that much that i did a lot more research into how they work. Have a look at the volume over the last couple of weeks , roughly 3 million a day holding steady at 1.4 cents. Mum and dad traders like most of us . The ann comes the price jumps to 1.6 early and then settles back at 1.4 . Bots pushing the price back down on a turn over of 30 million shares. They wernt yours or mine or contractors or any of ours so where did all the shares come from. Its multiple tradeing of the same shares between themselves. You have to remember these programs dont pay tradeing fees like we do so they can trade a million shares multiple times a minute creating a panic and thats how they make there money by buying up panic sellers on the way. I was in ajm right from the start and exactly the same thing happened there , eventually the market takes over and they move on. Ive set a sell price on my shares as i always do and wont budge till it reaches that price. This company has more potential than any spec stock ive ever bought so dont be surprised what its price get to if your willing to be patient.
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $559.8M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 19.3¢ | $5.462M | 27.56M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 202667 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 6654078 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 202667 | 0.200 |
12 | 3385231 | 0.195 |
31 | 3423676 | 0.190 |
21 | 1946132 | 0.185 |
21 | 3662793 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 6654078 | 37 |
0.210 | 5686203 | 27 |
0.215 | 1985404 | 10 |
0.220 | 2312481 | 24 |
0.225 | 1863202 | 8 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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