Dont get me started, the closing auction is one big fat organised rort by the insto's, just watch shares like TLS TPM BTA just as examples, as soon as the buyers seem to outweigh the sellers at a certain match price (TLS 2.69 at 4.09pm today) then the poker machine reels adjust the right number of sells to force it down to the v-wap doo-wap 2.68, retail investors haveabsolutely no say in the closing auction price, it's ALL ABOUT THE MACHINES. And many times i have seen my penny dreadfuls forced down 2 or 3 ticks in the "auction" on a $5 trade, and they call that legal.
