You have to see the funny side when people say the market determines the share price..After sales of 3,500,000 shares @ $0.93 and 800,000 @ $0.9375 during the course of the day.
Then 4 pm comes around and the BS trading begins. At 4 pm there were shares for sale at $0.83. Why would you sell shares for 10 cents less unless you were selling to yourself.There were about 110,000 shares sold after 4 pm and the price, the short sellers wanted, was determined, at $0.915. You get a bigger laugh when the last sale was for 1 share.
The shorts have risen to 28.9 m so more of this BS trading will follow.
My hope is that a real buyer enters the arena and starts buying for $1.40 plus and blows these short seller leeches out of play.
I do not like short sellers/ robot trades because they depress the price to facilitate cheap takeovers that rob the real investor of their proper return.
GO GOR
Keep the Faith
Gold Investors Unite
- Forums
- ASX - By Stock
- Robot trading downs price
You have to see the funny side when people say the market...
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOR (ASX) to my watchlist
|
|||||
Last
$1.76 |
Change
0.000(0.00%) |
Mkt cap ! $1.901B |
Open | High | Low | Value | Volume |
$1.78 | $1.78 | $1.75 | $6.523M | 3.706M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28472 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 122074 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20571 | 1.750 |
3 | 32443 | 1.745 |
9 | 109163 | 1.740 |
4 | 37495 | 1.735 |
6 | 135598 | 1.730 |
Price($) | Vol. | No. |
---|---|---|
1.760 | 115694 | 7 |
1.765 | 24755 | 2 |
1.770 | 27985 | 3 |
1.775 | 9827 | 2 |
1.780 | 4827 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
GOR (ASX) Chart |