People who blame bots/hft/shorts/whatever for their stock going down just don't understand the markets. The markets are driven by supply and demand, they always have been and they always will be(yes funnymentals are the driver of that supply and demand). Algos can and do trade in ways that obfuscate what they're really doing but at the end of the day they can't hide the overall weight of their buying or selling, that's why TA works - most charts you see on HC are posted by people who don't really understand what they're doing
For those who still think it's possible to manipulate a stock down in any significant way for the purpose of accumulation, read the below and have a real good think about it. Replace "insiders" with funds/instos and think about the trillions of dollars out there looking for a place to get a return, if something was sold down to below it's real value there would be money more than happy to buy it. If your stock is getting attacked by shorters, there's almost always a good reason, you're just not yet aware of the reason - remember for shorts to profit they need sellers to buy back their short positions from
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $616.0M |
Open | High | Low | Value | Volume |
22.0¢ | 22.5¢ | 21.0¢ | $4.542M | 20.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 343465 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 563407 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 680227 | 0.210 |
14 | 878187 | 0.205 |
16 | 1600122 | 0.200 |
20 | 1202513 | 0.195 |
29 | 1334836 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 517953 | 8 |
0.225 | 1943976 | 12 |
0.230 | 1974439 | 22 |
0.235 | 670357 | 14 |
0.240 | 2349819 | 19 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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STX (ASX) Chart |