Iron ore price, page-847

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F01

2,780 Posts.

125

29/03/17

14:09

Post #: 23708481
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Originally posted by F01 ↑

If you take away the fake 200 million sell orders between 0.096 to 0.125 buy vs sell ratio is better than 1.
Why else would you place such large sell orders so far away from the action except to suppress the SP. I suppose the would be sellers might be going on a holiday so they have locked their sell orders in as they might not be able to keep an eye on things....but I am not buying the latter. It's pretty obvious attempt at manipulation. If someone is wanting to suppress the price it's for a reason, and it's not because they are selling.

When the brakes come off those fake orders will disappear, the buy side will probably get stacked and this will get pumped. No idea when that will be though. Could be days, could be weeks. They will probably try and tie the pump in with something positive like an announcement or a spike in the IO price if possible, both at the same time would be awesome for the mastermind.

Nothing for me to do but wait, though I think I will grab a handful of 0.028 and see what happens.

All IMO. All speculation at this stage.

Good luck to all, holding or just watching.

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My buy order at 0.028 got filled off screen @ 0.0275. Maybe someone is still hanging around off screen waiting to unload, hence all the 0.0275 trades.

Think I will just have to try and be patient.

AGO Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
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