SOR 0.00% 3.7¢ strategic elements limited

Someone place a circa 2 million share buy order close to the...

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  1. 1,866 Posts.
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    Someone place a circa 2 million share buy order close to the money- then withdrew it after a while.

    Trick is working out whether they did it to cause buyers to jump up to their sell order or were trying to tempt a seller to offload a big parcel to them....

    Got back in at $0.29-$0.30 this morning - not sure where I'll be later today or tomorrow but happy with the last few days opportunity.

    For what it's worth I believe the SP is definitely being manipulated for someone to make a big profit. For example there was a single seller 1/2 million shares in the queue 3.5 c above the trading point. As soon as the SP moved 1 pip in that direction he/she pulled their order... reckon they been sitting underneath soaking up some shares. Good luck all...
 
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