Hi All I would like to give some opinions on BEOTs aka big funds like UBS Morgan Goldman State street Vanguard even to local like Macquarie etc are using their computer algo bots to do high frequency trading to make monies every day on most asx 200 and asx300 companies. This is like playing pingpong but they are using so many accounts, i.e they have accouts for buying(rigjt hands) and accounts for selling(left hands). It is very hard for outsiders like us to see and undersrand. But their goal is same milking $$$ even from cents will give them very good monies due to their big capital in millions of $$. So many example in asx200 and asx300 companies like PNV CU6 are having weekly high SP volatility. That is why it is hard for retail traders because they can change their directions in just seconds. It is better for us to invest just based on company's fundamental an assets and do not get into daily or weekly SP volatility. Set, monitor and invest long.
NEU Price at posting:
$13.76 Sentiment: Buy Disclosure: Held
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