Brokers do a lot of the manipulation and don't pay fees like we do.
Say I sell a few shares to myself at 2.6 while offering a million at 2.7 and I hit a stop loss or panicked holders and end up buying 10m at 2.6 cps. Then I buy a few from myself to get the price at 2.7 and put a big order in at 2.7 and then sell a few more to myself at 2.8
Retailers see the bounce now and start buying. Before long buyers emerge at 3 cps and I start to sell.
Nice little earner.
RXL strictly charting and TA only thread, page-261
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.30M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $250.6K | 1.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 211428 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RXL (ASX) Chart |