So trader X drops a bundle into trader Y's lap. Everyone sees its go to 12c and goes "oh if only I could buy some at these levels - it seems a steel"
So they buy at 12.5 - 13c not realising that the 12c trade was a joke. Further selling pressure arrives and they get disheartened and sell out at a loss.
Trader X is Trader Y and the game continues with trader X picking up more at lower levels !!!
GC
- Forums
- ASX - By Stock
- APG
- now to the uninitiated
now to the uninitiated
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)