Hi jojo,
When the bots are pushing the SP down half a cent with tiny parcels at every opportunity they can, it means that someone with a sophisticated strategy is accumulating and they want to do it cheaply. When the bots are pushing the SP up half a cent with tiny parcels at every opportunity they can, it means that someone is selling and they have a large position to exit and they don't want to drive the SP down. Well those are the most common reasons anyway ... and we don't seem to have much action on the short side in RVR.
So if you are noticing bots pushing the SP down, and I haven't looked, then that's a good sign. It means a player with a longer term horizon is soaking up stock and when they have finished the SP should go for a run.
Cheers,
Tim.
RVR Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
