Robjb5 check out http://www.asx.com.au/resources/education/basics/algorithmic_trading.htm
We live in oz not the USA greater regulation here hence why we were not burnt as bad by GFC and why this whole thread is just scare mongering.
As for TSI check out below I disagree with your opinion
TSI market cap 240.783m, debt 807.107m div is unsustainable roe -95.33 net income -$57.221m op margin -35.42m PE 32.64 each to their own i guess the best yields are often the worse buys, personally would not invest my short term money on it (good shorting op MAYBE). good luck
Rob "I assume,(not always a wise activity!) that the volume sellers are in and out to avail themselves of the 12-13% yield."
Correct add all the market participants from fund managers to cfd traders they take the yield than everyone goes short becuase it is fundamnetally bad, buy & hold is not a strategy.
As for "I could not care less whether Bots, or whatever, trade in this or any other stock.. What I do get pissed of with is the unlevel playing field that results for all investors, (as opposed to "day -traders"), due to the gutless and unprofessional approach of the so-called regulators.
An "unlevel playing field" its allways been that way everywhere, your kidding yourself if you think the market is fair & will look after an individual or small players Maybe IGA supermarkets should whine about WOW because they are bigger and they are not playing fair ETC ETC,
ROB "Now if anybody out there can get hold of Jack Reacher, then I would like to offer him a job...."
Reckon you need Les Norton
Good luck in the future stop worrying about bots & worry about sustainable yields & healthy companies if you want to buy & hold
