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Ohh I see! Thanks for explaining that one to me Stomar :D Never...

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stoc72

51 Posts.

9

14/04/20

15:17

Post #: 44034970
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Originally posted by stomar: ↑

@stoc72
Holding the SP down strategy relates to: In the time you hold the SP down by acting as the buyer and the seller (a position on both sides) on a stock with an expected announcement of positive results, you disincentivize Day traders (whilst also accumulating more shares at a pre-result SP from impatient SH) from coming into the stock before the result and inflating the SP needlessly on hype, as Day traders sell on news and fizz out market excitement on good stocks resulting in undervalued SPs and slower progress/more patience required by existing SHs to realise profits on stocks.

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Ohh I see! Thanks for explaining that one to me Stomar

Never really thought of it that way tbh, smart tactic if it is being employed

LEG Price at posting: 17.8¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $40.71M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$133	9.523K

Buyers (Bids)

No.	Vol.	Price($)
2	1408040	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	1103424	8

View Market Depth

No.	Vol.	Price($)
2	1408040	0.014
8	5082365	0.013
5	1450000	0.012
4	245417	0.011
7	780000	0.010

Price($)	Vol.	No.
0.015	1103424	8
0.016	338079	2
0.017	650000	2
0.019	520000	1
0.020	160000	2

Last trade - 10.43am 02/05/2024 (20 minute delay)

LEG (ASX) Chart