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3.3¢ lithium universe limited

remember fir each sale there's a buyer and the price is the...

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Al101

421 Posts.

128

24/02/21

21:53

Post #: 51299882
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Originally posted by PL24682468z: ↑

Some traders pumping the stock up on depth can use their platforms buffer where they can place various bids at different
prices thus creating extra buyer numbers even though it’s the same buyer, in case you don’t know this or don’t want to admit it exists.

Having a 210 million buy at 0.001 is obviously a fake to push up the price by conning people into thinking a lot of volume is there when it’s not, so it encourages people to buy.

This is deceiving, shows the company needs help to make the situation look a lot better than what it really is to the market.
It takes somebody with a lot of wealth invested to do this.
Selling volume is now the highest it’s been for months.

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remember fir each sale there's a buyer and the price is the balancing item
sure some resistance to the higher prices but overall the price went up on a bad day for the asx
not a bad day especially given the volume - lots of buyers

ESH Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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