MRC 0.00% 2.6¢ mineral commodities ltd

did you see that...???

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    Nice bit of price fixing at the close...

    ASX where are you?

    These price fixers just placed a pissy little sell order for 25,000 MRCOA's at 5c, probably to themselves, and in so doing, with less than one minute of trading left, moved the shareprice more than 11 points...my trading software wont even let me place an order like that!!!

    They did the same thing with the OFP's, again selling in the last 2 minutes, in order to fix the close at 31c.

    It would be obvious to anyone watching this stock that they weren't genuine trades...and that they clearly could have got much more for their orders.

    Interesting match-up on the close in the MRCOA's as well....mmmm

    These accumulators are really giving MRC a workover...luckily however, it is pretty obvious that it's all designed to flush out the sellers, so if you can hold on tight, it should be worth it...eventually.

    Who knows exactly what this is all about...LOL...it could even simply be the worlds worst trader at it again...messing up his trades, just like he did with the 500K order last week...LOL

    But I doubt it!

    Cheers!
 
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