thank you the short seller buy like this without letting price...

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John4blue

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31/07/23

11:28

Post #: 69075623
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Originally posted by BPLithium: ↑

No. This is the work of shorts trying to scare, create panic and pick up the "low hanging fruit".
Just imagine a retail holder going into their broker platform first thing in the morning to see how things are going to find 17M sells and only 8M buys, and thinking Gee had better sell before it goes down any further because lots of people are selling, what is happening that I do not know about. Quick panic......

Of the 17M sell shares at what price are they? I bet some, or lots, up at 80c,90, $1.00, and in all honesty no hope of finding buyer at that price today. "Fake sell orders".
I have before put in buys at prices of 5c, and guess what, did not get one extra share. But it did register in the buy column.

The first 4-5 lines is usually where the action is.
Watch the first sell line, it may drop to only a few thousand shares then magically it jumps upto 150k+, and avoids the price edging up. That is the shorters at work.
The 2 or 3 line of say 500k+ shares to sell is the shorts putting in place a " sell wall" . Hey, everybody this is what "we" shorters are not going to let it go above by hook or by crook. If you are thinking of selling now is the time, type of thing. All subtle messages, to play on the mind of the retailer. They want your shares to cover their short position.

All IMO, i do not short sell, and is my understanding of some of the ways they work, in transfering wealth to their pockets.

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thank you
the short seller buy like this without letting price go up.
because retailer selling with panic.

totally agree with you.

CXO Price at posting: 64.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.8¢		Change -0.002(2.22%)		Mkt cap ! $188.0M

Open	High	Low	Value	Volume
9.0¢	9.0¢	8.6¢	$1.020M	11.56M

Buyers (Bids)

No.	Vol.	Price($)
3	611323	8.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.9¢	680228	4

View Market Depth

No.	Vol.	Price($)
3	611323	0.088
17	1612149	0.087
22	1289891	0.086
48	2256690	0.085
17	951986	0.084

Price($)	Vol.	No.
0.089	680228	4
0.090	2017675	23
0.091	253724	4
0.092	1470351	7
0.093	660044	5

Last trade - 16.10pm 19/06/2024 (20 minute delay)

CXO (ASX) Chart

thank you the short seller buy like this without letting price...

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From the Floor question: "Could gold be manufactured in a lab like diamonds?"

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thank you the short seller buy like this without letting price...

Top Stories

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

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Featured News

Buyers (Bids)

Sellers (Offers)

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