auto bot at work today..., page-13

hankscorpio...

IDL is showing very obvious patterns of auto-bot trading...thanks for the example!

Look at the sizes of the orders...then look at the timeline between each...they are effectivley creating the impression of a never ending flow of stock hitting the buy side...then bang, one or two larger order finally sell for fear that if they wait any longer, there will be no more buyers left to take their sell order.

All up, the aut-bot sold maybe 2K shares in over 10 or so separate sell transactions...and probably bought back 80K at the same price...a net buy transaction of 78k shares.

They will repaeat this process over and over until they get their fill...or....there are no more shares to be sold at the level in question.

Far too common.

If it isn't "manipulation" of the daily trading patterns, then I would like to know what is?

Cheers!