GLX gulfx ltd

dont wait too long before you take a stake, page-4

  1. 1,218 Posts.
    Sorry Gentlemen,

    Been watching the buyers and sellers VERY CLOSELY for months.

    The seller IS NOT pulling away just waiting off screen and still taking anything. Quite often it is a volume ending in 448 or 552. Seems to be computer generated buys and sells, which makes me very suspicious that the price may be being manipulated.

    Every time a solid buyer comes in like today for example, 350,000 at 5c, next seller around 30,000 at 6c, it suddenly looked good.....for a few minutes.

    Then, chomp, off screen came along our sardine eating seller, taking up the 350,000 buyer at 5c, ONE FULL CENT less than the next low volume seller.

    Why would you do that!

    Because you might be the same broker/trader?

    It has been happening for a long time......and is putting a clear lid on any rise in the price.

    I am suspicious.

    Go back over the last few months and look at the trades in GLX, there has not been many.

    So it will not take long.

 
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