NST 3.15% $13.84 northern star resources ltd

The market makers are very active in this stock using their algo...

  1. 2,813 Posts.
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    The market makers are very active in this stock using their algo programs making a pip here and there playing the volume.

    I'm not sure about the deliberate capping though. One thing I am sure about is the lack of market recognition for the 'blue sky' ahead of NST.

    Anyway, I've posted a few times about market perceptions (or misconceptions) comparing goldies at the moment. Consensus analysis of NST sp is way to low and that has a certain amount of influence as well.

    I added another small parcel yesterday. Only 3000 shares but it took 15 orders to fill. That is algos selling and the orders ranged from 60 shares up to the highest of 280 shares. That is proof enough for me to confirm what I said in the first sentence of this post.

    The re-rate comes for NST following the announcement of bi-annual financial statements. Patience will be rewarded IMHO. Use downturns as opportunity.

    Cheers
 
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