no idea but just because a broker is buying small parcels doesn't mean it is good news for the stock.
Never good to 'assume' motives, small parcels could be used to buoy the price at a certain level while they sell out everytime a retail seller puts some buys on market at that level (seeing relentless buying).
at the same time, relentless selling could be used to play on the emotions of retail traders and make them sell at brokerage/loss into the same insto's buy.
Trying to trade on other peoples motives is pretty hard.
- Forums
- ASX - Day Trading
- Daytrading July 31 afternoon
Daytrading July 31 afternoon, page-236
-
- There are more pages in this discussion • 6 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online