MBN mirabela nickel limited

Ann: Response to ASX Price and Volume Query , page-6

  1. 291 Posts.
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    How about computer algo trading which everyday picks on a beaten down stock and relentlessly pushes the price up......making money all the way up....and then suddenly turns off the computer......and possibly goes short as well. Wish i was at their early morning meetings.....could make a fortune. Gotta love the algo trading. Just watch live Iress trading to see how it is done.
    A few recent ones.....TRY, PIR, SBM regularly, NST and many others.....all crash after the computer pump.....It is possible to join in so shouldnt complain too much but it does destroy faith in the market and eventually the computer trading will lead to much lower retail participation.
 
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