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Good question as it happens on many stocks, they sell and buy to...

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Champee

8,441 Posts.

455

27/08/16

07:48

Post #: 18728331
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Originally posted by Johilo returned ↑

To any experienced trader....
Why or how is it that a stock can trade all day at 50 shares at 28.5c with a constant trickle of asks being sold down into the bids.
If this is some algorithmic trading how is it possible / coincidental that 50 shares at a time keep being sold
whats more how is it legal/ethical.
It is apparent that the seller keeps selling down.... inferring some price manipulation?
Why / how is it worth buying selling $14 parcels?
At risk of being a total dingbat I ask the question of someone willing to provide this advice.
The stock in question is DRA
In anticipation Jo

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Good question as it happens on many stocks, they sell and buy to themselves and price goes done, so triggering stop loses. They pay lower fees as not on trades but on volume bought.
2 Upvote

0 Great analysis

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