UXA 0.00% 0.0¢ uxa resources ltd

Chewter,They don't actually want to sell their shares, they want...

  1. 265 Posts.
    Chewter,
    They don't actually want to sell their shares, they want to push the price lower by selling a few and then putting a lot more on the sell side. Smaller/dumber investors panic and sell out. The large punters then buy what the smaller investors are selling, either straight away or after a certain trigger level has been reached.

    It's M-A-N-I-P-U-L-A-T-I-O-N and it only works because UXA is a small company and there are quite a few nervous investors sitting on healthy profits. I'd love it if a big buyer came in and took out the fake sell bids but that rarely happens.

    Here's a tip: Trading volume and price changes are a far better indicator of strength than market depth.

    Hope that helps. :)
 
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Currently unlisted public company.

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