BCI 0.98% 25.8¢ bci minerals limited

bots, page-10

  1. 3,668 Posts.
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    plf.....I forget to mention in my previous post another very bad affect of bot trading manipulating and holding down a share price.

    You mentioned that it allows entry at a lower price. OK but more importantly it disallows a holder to sell shares at a share price that somewhere near reflects the value of the shares. Result.....an illiquid stock, and BCI is certainly that. I may or may not be typical, but my holding in BCI is way, way overweight and accepted levels of prudence would dictate that I reduce the holding to a more reasonable proportion of the portfolio.

    But at the current manipulated down share price that would hurt.

    Maybe also institutions are nervous about buying into BCI as they would not be able to sell at an expected reasonable profit.

    Pat
 
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