ASX Today, page-44820

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dawgfather

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09/10/24

09:17

Post #: 76038162
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Originally posted by anatol: ↑

The drop on stock prices for all major lithium stocks went down at a certain time (minutes and seconds); it's 01.09pm.

I checked LTR, PLS, MIN, even LTM, the drop is exactly at the same time. The another one happens at 01.18pm.

That exactly shows that the computers of a certain very big trader(s), it can Goldman Sachs, JP Morgan, UBS, etc., is playing the game. That's an AI style algorithm as you know. The old saying was algorithm but we now call it AI.

So I don't worry about these drops. It's nothing serious IMO.

Those brainless traders of those big financial companies are using computers and AI technology to make their trades. The AI reads the news, makes the analysis and decides what to do. When the AI detects a major event (according to its program) it sells the stock down. Most of the time they don't use the AI for buying up. They make the decision to buy up and put the related AI algorithm at work to buy it slowly. And those idiot traders are getting lazier everyday.., they smoke, sniff and drink at their large spare time. Their brains are not working well enough anymore. Sometimes they make false supply/demand tables which should serve to their own agenda. There is nothing real about them.

When a big fin. insto AI program sells a large amount of shares all of a sudden then the stock price goes down of course. But then the some homo sapiens brains step in and buying stocks.

My elder son is an AI professional, one of the best in Australia atm. So we know well how the AI works. He is holding a lot of LTR in his own account and family accounts as well. He was buying around 60c he said, but not by asking to AI. He made the decision himself.

AI won't tell you the future. It can only tell you the probable future events and risks associated with the things. It is diligent, can look at everything under consideration through the available data which you may not be able to find and see, and be aware. But the best working AI is the homo sapiens, it's us.

When a big fin. insto AI program sells a large amount of shares all of a sudden then the stock price goes down of course. But then the some homo sapiens brains step in and buying stocks.

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You are an enormous regard. Constantly playing into your own preconceived conclusions without considering whether alternatives exist.

Alternatives like, hrmm I don't know - maybe a macro event taking place at the exact time of the drop, which causes an impact to all lithium producers. An event like the Chinese Government talking about the details of their stimulus package?

Note the time in the screenshot below - (Beijing is 3 hours behind Sydney).

The actual time the drop started on LTR was 1:05pm - 1:16pm (90 cents to 85.5). Exact same timing on MIN and the others.

Confirmed by a 1 min chart of the HK Hang Seng index. It dropped exactly from 1:03pm:

LTR Price at posting: 83.5¢ Sentiment: None Disclosure: Not Held
20 Upvote

2 Great analysis

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(20min delay)
Last 84.0¢		Change 0.005(0.60%)		Mkt cap ! $2.037B

Open	High	Low	Value	Volume
80.0¢	86.5¢	80.0¢	$8.710M	10.32M

Buyers (Bids)

No.	Vol.	Price($)
7	110884	83.5¢

Sellers (Offers)

Price($)	Vol.	No.
84.5¢	213383	11

View Market Depth

No.	Vol.	Price($)
7	110884	0.835
10	133636	0.830
9	116456	0.825
3	46387	0.820
4	167788	0.815

Price($)	Vol.	No.
0.845	213383	11
0.850	22852	3
0.860	33576	5
0.865	134989	13
0.870	62344	8

Last trade - 16.10pm 11/11/2024 (20 minute delay)

LTR (ASX) Chart

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