PLS 1.32% $2.98 pilbara minerals limited

PLS and BOTS

  1. 264 Posts.
    I hope people can now clearly see the difference between a selling and buying bot.
    It is a very useful pointer.
    When you see bots buying 50 shares that is a buying bot.
    It is designed to hold the price at the low bid and tempt buyers into the higher sell price.
    It accumulates almost nothing in sells but will pounce when enough buyers are there.
    It also is usually less frequent
    Share price will often go eventually up when a buying bot is active

    When you see drip feeds of 500 to 1000 shares every minute or so that is the selling bot.
    They can offload around 200K of shares per hour without registering panic.
    Shares will usually eventually drop when a selling bot is active.
    At a certain level they will stop and wait for a spike up before recommencing

    Bots are no issue if you understand what they are doing.
    Buying bot was active this morning and you see the result.
 
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$2.98
Change
-0.040(1.32%)
Mkt cap ! $8.969B
Open High Low Value Volume
$3.01 $3.01 $2.95 $52.16M 17.48M

Buyers (Bids)

No. Vol. Price($)
1 167 $2.98
 

Sellers (Offers)

Price($) Vol. No.
$2.99 53875 10
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
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