It's def a good idea to remind yourself that the WIN SP is very clearly being manipulated down. This isn't positive thinking or super-optimism - it's reality. An example is the 250,000 shares right now (among others) listed for sale at $0.59c. That would NEVER execute, and that's the whole idea. A lazy investor/speculator would look and see 'oh gosh, there's 1 million units for sale, but only 472,000 units on order!', but a closer look shows it's classic ASX sell-walls. This fake downward pressure is probably aligned with a swing trader's intentions.
The intent is to put fake downward pressure on the SP. Normal traders like you and I can't even put a bid that far out (we'd have to set triggers). And our trading platforms will pick up that it's obviously a fake sale, and wont even let us post it. So it stinks of manipulation, for those who can.
The ASX needs a lot of cleaning up.
- Forums
- ASX - By Stock
- WIN
- Widgie Nickel LTD
Widgie Nickel LTD, page-643
-
- There are more pages in this discussion • 458 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WIN (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.22M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 70000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4500 | 0.033 |
1 | 22500 | 0.032 |
2 | 30352 | 0.031 |
5 | 262460 | 0.030 |
1 | 35678 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 70000 | 2 |
0.032 | 50000 | 1 |
0.033 | 273710 | 1 |
0.038 | 127777 | 2 |
0.042 | 126821 | 2 |
Last trade - 16.27pm 06/09/2024 (20 minute delay) ? |
Featured News
WIN (ASX) Chart |
Day chart unavailable