GDN 0.00% 1.7¢ golden state resources limited

Simple way to manipulate a stock down.Pre-criteria:- Stock can't...

  1. 955 Posts.
    Simple way to manipulate a stock down.

    Pre-criteria:

    - Stock can't be _too_ liquid.
    - Stock is currently trading "nervously".
    - You hold the stock.
    - Have two trading accounts.

    1. When you see a buy/sell spread gap, e.g. lowest sell is 0.855 and highest buy 0.850, you place a sell order in the gap from one account and at the same time place a matching buy order in the gap from the other account. For the example these are both placed at 0.850.

    2. Your two buy and sell orders are matched resulting in a trade at the gap e.g. 0.850.

    3. Nervous holders have Stop Losses set, sometimes at the gap, these trigger and sell. Other nervous holders have seen the new low and sell.

    4. Price stabilizes at new low. Go to step 1 and wait for next gap.

    5. When stock is low enough for you, say 0.80, swallow all the current sells sitting below 0.85. You just saved yourself > 5 % on your entry.

    Note, when you sold the stock you sold it TO YOURSELF. The cost to you was your commission only, for first tier traders lower than most of us pay.

    System doesn't work if lots of genuine buyers around, also what if mulitple bots are trading like this, bot war?
 
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