BJT babcock & brown japan property trust

roamin,Perhaps...but I believe bots are their to set trading...

  1. 3,760 Posts.
    roamin,

    Perhaps...but I believe bots are their to set trading moods and acquire tonnes of stock (general) within a tight price band.

    Think about the fact that some 7.7 million shares have been bought inthe range of 38.5 cents and 42.5 cents. In reality thoguh the trading band has been 38.5 cents to 40.5 cents as only relatively few trades happened early on with the hype above 41.5 cents.

    What's teh alternative? Put in an insto order for 10 million shares at 39 cents, show your hand and watch the price rocket and you don't get your stock....

 
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