KRR 5.00% 1.1¢ king river resources limited

Bots sucking life from ASX

  1. 1,738 Posts.
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    It seems the bots are at it again today buying 1 share at a time.. We all know what happens to the enonomy not just locally but worldwide when the stock markets take a hit. These robots, high frequency traders, algorithmic traders, dogs. Whatever you want to call them are becoming evermore present with any young small cap company that shows promise or likely to compete with another. I can see how this type of life sucking parasite will create a stampeding movement away from the ASX and eventually could actually be the root cause
    of a massive stock market decline. The bots used to operate in a more stealth manner, but now are more brazen, right there to see on our screens.
    The government will definately be to blame for any of this type of behaviour affecting the economy as a whole. It will happen imo. The economy would be much better off without these parasites and i would implore either the asx or the government to do something about it asap.
    Last edited by knotnauti: 24/08/18
 
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