BBP 0.00% 9.5¢ babcock & brown power

real interest in bbp, page-6

  1. 10,475 Posts.
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    I honestly don't know. I can't figure out if it is one or two bots.
    IMHO I think they are trying to acquire shares buying bit by bit they acquire what they want at as low a price as possible. But on the other hand they can't be seen to drive the price down. They are not supposed to affect the price?

    Keep buying from the higher price means buyers keep coming in, then the bot sells a certain number which in turn keeps the price within a smaller range. So they are not acquired at too high a price.

    I am just rambling..and irritated. I am on HC sure there are some brokers or people employed by financial companies who know better than little ol' me.

    What do you think they achieve?
 
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