SDL 0.00% 0.6¢ sundance resources limited

strike while the iron is hot, page-11

  1. 801 Posts.

    i think that since sdl has made the ASX200 (all australian first and next S&P200) you can CFD it @ 10% margin.

    you can seriously manipulate a stock like SDL with very little money. e.g. buy 500,000 for $21,000 outlaw. when you see the potential to clear a row you buy and create the impression that we are moving upwards. Sell the stock 1 cent later and you have made $2500.

    i am not suggesting that i have the skill/guts or capital to do something like this but i would not be surprised if today's activities came from some good work by traders.

    the other thing is that i wonder if once a stock goes below 200 DMA traders use any strength to sell.

    just some ideas!!!!
 
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