LNC
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0.00% 99.5¢ linc energy ltd

bots nd flash trading

  1. Donthat
    939 Posts.
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    19/10/09
    20:36
    Post #: 5801466
    Can anyone explain why we tolerate Bots working on stocks like LNC?
    I.E. Today trades of down to one share at 1.62c!! plus two at least of 74 shares at $118? Plenty under value of $100??
    This has been going on for many months!!
    This is absolute rubbish and verging on a scam!! The sooner control is taken away from ASX the better!!
    For those not on to this simply google Flash Trading!!
    For those serious investors in LNC what is the motive of these BOTS? Are they supporting the SP or trying to drive it down?? I really cannot work it out but hopefully a more savvy investor can inform us??
    LNC Price at posting: $1.62 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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