COE 2.33% 21.0¢ cooper energy limited

re: re:ian And as soon as it went through, as usual, a couple of...

  1. 6,389 Posts.
    re: re:ian And as soon as it went through, as usual, a couple of small sells orders knocked the price down by one cent.

    I don't know about you, but I sure don't trade 20,000 shares of a 25 cent stock at one time AND with whay appears to be a market order (given the date stamp on the order)...

    Either there must be some very silly investors out there with cheaper than chips commissions or the selling is done in order to force the price down.

    That 100,000 sell of the COEO's yesterday dropped the value of the entire options on issue by $500,000 and also knocked the share price.

    No bad downside leverage for a $3000 trade.
 
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