AXM 0.00% 1.1¢ apex minerals nl

So a classic lesson for you how the manipulators can destroy a...

  1. 356 Posts.
    So a classic lesson for you how the manipulators can destroy a share price.

    At 3:45 in the last 15 minutes our friend the bot came back on and started ofloading 3200 (approx) at 1 minute intervals.
    So even though only 40k roughly were sold it managed to drive the price down 10% in the last 15 min.
    This is bound to unsetlle the chartists.

    Unfortunately I had no opportunity to buy back in because there was a 2c gap on what was available on the sell side.

    Even if I had taken out the 25c offer the bot would soon have gotten it back to 22.5.

    This on a day when price of gold is at A$1220 and our market came back over 150 points from its low.

    There is rougly only about 50k for sale before 27c would have been hit and a 20% difference from todays low.

    The problem in this market is that there is a reluctance to buy.
    I am keeping my spare cash in case that parasite starts in again on monday at which time I can hopefully add more.

    Happy weekend
 
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Currently unlisted public company.

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