Hi Captain,
I just want to let you know that Newcreast Mining (NCM) is also another victim of this massive stop loss strategy.
The very idea of "protecting" your capital becomes a "low lying fruit" for professional bots to take at will.
If it takes $20 million worth of shares, they have no problem amassing that and flushing you out like a poker. You can probably see a lot of this in the Japanese market. The velocity of the movement and the volatility will mean increase risk in what we perceived as safe investment strategy is just a fallacy.
Thanks Captain for your honesty and we should all learn from this, the bots are evil and inhumane (of course they are!).
have a great weekend.
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $219.6M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 35.0¢ | $173.2K | 490.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 66362 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 22505 | 2 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| CCV (ASX) Chart |