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Piste Skier

8,505 Posts.

31/03/16

12:55

Post #: 17391110

Originally posted by BotKiller ↑

i reckon the price is being manipulated daily, and people are just fed up and want to bail, just look at the sell queue at 0.005, over 80 million shares, and sales are taking place daily at a price of 0.035, no human that i know can trade at that price. I myself want out, at 0.005 i'll just lose brokerage, but getting out seems a looong way off. The new issue has certainly dampened shareholder enthusiasm, mine included. It's no coincidence that the premarket is played with daily, such as my example this morning

Column 1 Column 2 Column 3 Column 4

1 1,729,999 0.004 0.003 1,730,000

1 share difference on almost 2 million shares, that's price control, a cartel. Happens almost every day. just a few weeks ago this traded at 0.006 and even 0.007, i thought i got a bargain at 0.005. sh!t happens.

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Killer.....

Thx for that. It puzzled me that the daily volumes have been so high after the new issue.

Since volume is up and price has been falling, is it reasonable to assume the volume is led by sellers?

If so, who on earth is buying? Even more perplexing is why would anyone be buying - the company is valueless. Really, is the total dollar value of daily trades providing an opportunity for bot or other rapid volume traders? I can't see that being the case.

I'm with you - would be out at 0.005 ( and I got in 5 years ago when Ken Talbot was involved).

SDL Price at posting: 0.3¢ Sentiment: None Disclosure: Held

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