SSN 0.00% 1.5¢ samson oil & gas limited

Essentially someone e.g. a Broker wants to accumulate stock...

  1. 20 Posts.
    Essentially someone e.g. a Broker wants to accumulate stock without the share price rising due to his accumulation and it becoming more and more expensive.

    They set a computer program that trades shares (Bot) to do it on their behalf. In this case they are buying a certain amount at 18c and then selling off 20-25% at 17.5c. Most people just see the stock at 17.5c and they think someone is selling, which in most cases causes them to sell. This falls into the brokers hands and they keep buying.

    Hope that makes sense...

    All I know is its good for us as someone wants in and in most cases when a bot is used they are trying to get a large stake without making massive on market buys that cause the share price to rocket!
 
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