QHL quickstep holdings limited

phantom,This is bot (robot) trading where the bot is programmed...

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    phantom,

    This is bot (robot) trading where the bot is programmed to buy or sell at a certain rate of time and normaly a small amount of stock. They are a bit hard to fathom out as to their motives, whether to move it up or down, but one tip I can give you is that when the bot accelerates, you know something big is about to happen.

    Most people here consider them a pain and they can stall any move up or down.

    Why would you want to use a bot? Either to hold a price down so you can accumulate or as a means of bringing up the bid so you can dump a load of stock.

    Of course, there are 100 other reasons and I guess we'll never ever get to the bottom of it. I have previously fought a bot 30 shares at a time and all it got me was a please explain from ASX so you can't win.

    On QHL we have a consistent not bot seller (Invest One) so this is a lot more obvious. I suspect they are more than 50% out now.

    Hope this helps.

    CD
 
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