AGO 0.00% 4.5¢ atlas iron limited

RS when it is constant low share trade and you see them selling...

  1. 403 Posts.
    RS when it is constant low share trade and you see them selling cheaper than the offer and it happens for 2 cents worth of movement with the occasional small trade trying to hold the price up it shows.
    If i could trade for "free" i would probably do the same to get the price down to what i want to buy it for. say its at 85 cents, if i could lose 500 shares to get the price down to 83.5cents and then spread buy a couple of hundred thousand shares(way more money than i got) than the 300 share loss would be well and truly worth it if you expect the SP to follow the market.
    It looks like a strategy rather than short selling cause once it got there today there was a flurry of buying. Although it would be useful to short sell that way as well. just set your algo in its pattern and buy up big at the "bottom"
 
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