@baw1ing
So what do you think are the reasons why there are numerous transactions for 1 or 2 shares, that appear in lines of 10 to 15 straight transactions? Happening all throughout the entire day and as a result the price goes down lower. Who do you think is buying and selling 1 share or 2 shares only in this manner?
What is that called? Is that like some school children maybe using their lunch money to purchase 1 or 2 shares? Or is it manipulation by some non-existent entity that nobody knows exists?
Care to provide your views on this? Give yourself some credibility and have a go at answering.
You having the gall to call somebody delusional for calling out manipulation by shorters as a reason for the price dropping is a usual shorter’s response. The oversupply of lithium in the current environment is a well known contributor to why mining companies are not doing that well, granted, but how can you deny that shorters are NOT taking advantage of this situation and deliberately pushing down the price? Without manipulation the share price would go down for sure, but it would not be as low as where it is sitting currently without the extra manipulation. You know it, and so does every other shorter.
There IS manipulation and it should be illegal. Individual retail holders cannot buy 1 share without being charged a fee larger than the cost of the share itself, so there is no incentive for them to do this, but this does not appear to be a problem for the ‘others’ engaging in this conduct.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
6 | 339920 | 74.0¢ |
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Price($) | Vol. | No. |
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8 | 870031 | 0.735 |
20 | 102940 | 0.730 |
14 | 242553 | 0.725 |
20 | 180133 | 0.720 |
Price($) | Vol. | No. |
---|---|---|
0.745 | 21500 | 2 |
0.750 | 131650 | 4 |
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