-CC1-
-The capping goes on all the time...on another smaller cap stock CXY......there was a seller at 0.105 (1000000 units) and no guesses -there was a buyer at 0.1 (1000000 units)....sellers panicing as to why there was such a large sell order started to sell at below 0.105 this thus proceeded to fill his buy order of 0.1....he left the sell there the following day as well and eventually it got filled.
Doing the sums on that:
-bought 1mill units = $100000
-sold 1mill units =$105000
=tidy profit for one days work
....this kind of thing is rampant at moment especially because of market sentiment ----there are plenty of other ways of siphoning money out of the market ...one has to just sit in front of the computer all day to awaken to them :)
-having said this ...it is the market so anything is fair game :)
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