Some of the bots just follow the trend. They become buyers or sellers depending on that trend. This same bot could become a buyer tomorrow for all i know. Its nuts, but the funds use these bots to scalp markets. It tends to pull in smaller sellers who fear a lower price, just as it pulls in buyers fearing they will miss out. It can be quite manipulative at times. The stacking of the sell side is a problem since genuine sellers wouldn't stack the offer as it just drives the prices down. You also get people sell it higher in the morning and try and buy it back cheaper in the arvo. Its noise a lot of time. This will get harder as the company matures. The company should start to attract better, larger money. BC8 is very easy to push around. Once you own a chunk of stock, doing this is easy once you know how. dyor
BC8 Price at posting:
81.0¢ Sentiment: Buy Disclosure: Held
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