PLS 0.33% $3.08 pilbara minerals limited

What about this!...

  1. 50 Posts.
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    What about this!
    https://1pls.irmau.com/site/pdf/df273bd2-3824-4dc5-a548-433712836045/Change-in-substantial-holding.pdf
    One years worth of trading by BlackRock Advisors. (They have to report because they own over 5%) What the heck, these guys buy, sell, short swap, in speci, and what ever else you can do with a stock every day of the year. This has nothing to do with investing, it's a market game where they have their computers with (AI) manipulating daily trading. this has nothing to do with supply and demand of a stock (they make their own supply and demand). What are the algorithms? This is worse than a ponzi skeem because its legal (for now). Human Beings are not allowed to manipulate stocks but computers are allowed if it a consequence of some other action.
    How this effects my investing, I do not know. I've owned the stock for a few years now and have made a nice profit and will continue to hold. It does piss me off that some computer geek is determing the price of my stock and true value has nothing to do with the price.

    Good article on some of this stuff
    https://clsbluesky.law.columbia.edu/2022/09/19/machine-learning-algorithmic-trading-and-manipulation/
 
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