NTU 0.00% 2.9¢ northern minerals limited

bear market?, page-31

  1. 581 Posts.
    its thorny torpy... french?

    Its all that many can use.
    Because its all many have got left.


    NTU seems to be being capped around 60c in the run up to results. One strat is to watch closely and try to time their buying / selling exhaustion for the uplift by buying close to their trigger point. l have noticed that if bots or other manip's at work and the cover is blown and trading grinds to a halt, then these players move things in other directions. l esp hate it when one big holder trickle sells to another in a tight trading range and the SP may only move cents. Andl wonder when the job is done whether they trade places and the buyer now sells to the previous seller. Great way to stay busy during prolonged market quietness.


    Its called being squeezed. Squeeze long enough and things go pop.

    As an active day trader, it is almost impossible to trade on the run because the machines preempt (sometimes 5m into the future) price movement and unless you sell well down the list, the machines run 3 or 4 or 5 price line setups and you just never get to the front to fire off your shot. When you do sell down the depth list, guess who is buying? The machines crunch the numbers. They know you prob have the last 50thou traded last thurs at a vwap of 70c on a 76c close day and tomorrow they will stack the plate and run the SP down to pluck your 50 and then its up up up.

    They know how to run the setup to raise or lower or fix the SP in place. They push down to accumulate, up to sell to suckers. They offload most before they vol-push the SP lower again and buy the most before they explode the SP up again. So that not even one unneccessary share is wasted raising the SP cent by cent.

    Insidious. Preferential nepotism. Insider trading. Botrot.
    Increased liquidity? Rubbish. Their constant cap raisings and other dilutionary measures take care of that.

    l watch many screens very closely for long periods.

    You notice things. You become able to predict their moves to a degree and if neccesary trade around or out of these stocks.

    Its wrong on so many levels. One should not have to place an order 5 or 10c ahead of current SP to ensure a fill. l am seeing it nevertheless. Now the bots are exploiting that and it can be disasterous.

    l am going to start a new thread on this matter and stop the botrot. Gonna call it botrot. Its about the rotten bots.

    Cause haughty torpy, it is OUR money making the markets liquid. Its what the fatties live off. Believe me, if we stopped selling all shares, so wouly they and the market would s cream to an instant halt.

    We might be stupid enough to hand over our money like children, but they are not.

    Its why they are winning.
    And why l am going to try and stop them.
 
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Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $174.3M
Open High Low Value Volume
2.9¢ 3.0¢ 2.9¢ $8.91K 306.7K

Buyers (Bids)

No. Vol. Price($)
15 1765924 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 746596 5
View Market Depth
Last trade - 10.56am 25/07/2024 (20 minute delay) ?
NTU (ASX) Chart
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