Thanks Agent,
I have to feel sorry for those with stops at the lower end of that 70%.
Imagine getting home from work to find no change in price and all your shares sold @ 70% discount. You'd have a heart attack.
Another hard lesson learnt for the stop/loss system while we continue having to put up with more visible abuse of algorithmic trading by the big boys.
Why this system is still legal gets me. I guess the decision makers are the same thieves involved in these schemes to rob mum & dad investors.
I don't care or believe much in the liquidity argument, algorithmic trading and short selling, are both detrimental to honest investors and their targeted company's too often these days.
Prima's quick fall from 42c to 35.5c last Monday had me questioning whether the bots had been programmed to hit some stops?
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $436.3M |
Open | High | Low | Value | Volume |
30.0¢ | 30.5¢ | 29.5¢ | $1.339M | 4.459M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 70497 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 15625 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 70497 | 0.300 |
14 | 472443 | 0.295 |
14 | 307298 | 0.290 |
8 | 1041774 | 0.285 |
15 | 387629 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 15625 | 1 |
0.310 | 166851 | 8 |
0.315 | 8163 | 3 |
0.320 | 86811 | 4 |
0.325 | 236471 | 3 |
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