pjf. This has been mentioned, though I feel the time frame has been somewhat longer. Probably around the time Mungi was originally put up for sale have we seen an increase in bot activity. Call them whatever you like, automated trading machines, algorithmic trading, algo trading, black-box trading, or bot trading, the people behind these devices are imho deliberately manipulating the sp.
I remember reading an article sometime ago about two very disappointed traders in the U.S., who were in the same situation as we are with Molopo, developing a bot programme for the purpose of defeating another. They succeeded but were eventually caught, charged and jailed. I guess Molopo could do with their expertise.
MPO Price at posting:
45.0¢ Sentiment: LT Buy Disclosure: Held
