I dont care if you think this stocks going up or down I want this thread to be above RAU because this can happen to any stock
and no one here profits from it
Please check todays course of sales and offer your opinion I have posted links to what I think has happened but it would be good to get some thoughtful opinion.
If you look the course of sales you see the buying pattern of an AOP - Automated Order Processing - agent and is described in my second link below. The other name for it is Automated Client Order Processing or ACOP. If you look at the todays market it stinks !
What are the odds of having partial fills repeated down to the digit within seconds of each other over and over allday
There are background links below
I questioned whether the buy/sell participants in todays orders were in fact the same operator/broker!
Of course they are the same operator - but they use different computers to place the robotic (algorhythmic) buy and sell orders, so that the IP address does not match for identification.
Aalgorhythmic trading is the process whereby electronic software submits orders at highly strategic times, (and may at the same time place unusually large dummy bids/offers in the buy/sell queues) in order to artificially inflate or deflate the price of a certain stock.
"Wash" trades (buying and selling to yourself) is illegal, as seen by the ASX and ASIC proceedings against Nomura a few years ago. But this "bot" (robotic) trading sails very close to the wind - one step away from "wash" trades in my view.
Those sales were lining way to even for my liking it looked to me that the buy side was being lined and then taken by an off screen seller
have a look for yourself
manipulation
Currently unlisted. Proposed listing date: WITHDRAWN
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